{"id":53013,"date":"2022-07-28T06:02:47","date_gmt":"2022-07-28T04:02:47","guid":{"rendered":"https:\/\/novanews.co.za\/eikestadnuus\/drop-in-petrol-price-in-store-for-sa-drivers-20220727-2\/"},"modified":"2025-03-20T03:44:05","modified_gmt":"2025-03-20T01:44:05","slug":"drop-in-petrol-price-in-store-for-sa-drivers-20220727-2","status":"publish","type":"post","link":"https:\/\/novanews.co.za\/eikestadnuus\/drop-in-petrol-price-in-store-for-sa-drivers-20220727-2\/","title":{"rendered":"Drop in petrol price in store for SA drivers"},"content":{"rendered":"\n<p>The data that serves as a snapshot of market conditions since 14 July shows the petrol price could drop by as much as R1,08 per litre next month, while diesel is showing an over-recovery of 94 cents per litre.<\/p>\n\n\n\n<p>The mid-month snapshot is as follows:<\/p>\n\n\n\n<p>Petrol 95: over-recovery \/ decrease of 98 cents per litre;<\/p>\n\n\n\n<p>Petrol 93: over-recovery\/decrease of 108 cents per litre;<\/p>\n\n\n\n<p>Diesel 0,05%: over-recovery \/decrease of 92 cents per litre;<\/p>\n\n\n\n<p>Diesel 0,005%: over-recovery \/decrease of 94 cents per litre;<\/p>\n\n\n\n<p>Illuminating Paraffin: over-recovery\/decrease of 95 cents per litre.<\/p>\n\n\n\n<p>The main driver for the anticipated decline is the drop in international petroleum prices, but this is being offset by a weak rand \/ US dollar exchange rate. Therefore, if the rand\u2019s performance was stronger, we would see much larger fuel price cuts come to the fore, but sadly, the Rand\u2019s weakness is eroding this outlook. <\/p>\n\n\n\n<p>Earlier this year, the SA government intervened by cutting the General Fuel Levy (GFL) by R1,50 p \/<span>F<\/span> in April and May and then halved it to 75c \/<span>F<\/span> for June and July to take the sting out of the increases, but that relief will not be extended and from August the full GFL of R3,93 p \/<span>F<\/span> will be applied, which will water-down any projected decreases. <\/p>\n\n\n\n<p>The Automobile Association (AA) commented, \u201cGiven this, and based on the current data, the decreases in the prices of petrol and diesel are expected to be around 15c \/<span>F<\/span> and 32c \/<span>F<\/span>. Although these would be more significant if the GFL relief was still in play, a reduction is nonetheless welcome, and will ease some pressure on consumers.\u201d <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The data that serves as a snapshot of market conditions since 14 July shows the petrol price could drop by as much as R1,08 per litre next month, while diesel is showing an over-recovery of 94 cents per litre.<\/p>\n","protected":false},"author":20,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_yoast_wpseo_linkdex":"","_yoast_wpseo_content_score":"","_yoast_wpseo_inclusive_language_score":"","_yoast_wpseo_is_cornerstone":"","_yoast_wpseo_canonical":"","_yoast_wpseo_opengraph-title":"","_yoast_wpseo_opengraph-description":"","_yoast_wpseo_opengraph-image":"","_yoast_wpseo_opengraph-image-id":"","_yoast_wpseo_twitter-title":"","_yoast_wpseo_twitter-description":"","_yoast_wpseo_twitter-image":"","_yoast_wpseo_twitter-image-id":"","newspack_ads_suppress_ads":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","_crsspst_to_novanewscoza":false,"_crsspst_to_novanewscozabloemnewsexpress":false,"_crsspst_to_novanewscozacityvision":false,"_crsspst_to_novanewscozadistrictmailhelderberg":false,"_crsspst_to_novanewscozahermanustimes":false,"_crsspst_to_novanewscozakomani-karoo":false,"_crsspst_to_novanewscozakougaexpress":false,"_crsspst_to_novanewscozamthathaexpress":false,"_crsspst_to_novanewscozanoordkaapbulletin":false,"_crsspst_to_novanewscozapaarlpost":false,"_crsspst_to_novanewscozapeexpress":false,"_crsspst_to_novanewscozapeoplespost":false,"_crsspst_to_novanewscozaswartlandgazette":false,"_crsspst_to_novanewscozatygerburger":false,"_crsspst_to_novanewscozaudexpress":false,"_crsspst_to_novanewscozavistanews":false,"_crsspst_to_novanewscozavrystaatkroon":false,"_crsspst_to_novanewscozaweskusnuus":false,"_crsspst_to_novanewscozaweslander":false,"_crsspst_to_novanewscozaworcesterstandard":false,"_EventAllDay":"","_EventTimezone":"","_EventStartDate":"","_EventEndDate":"","_EventStartDateUTC":"","_EventEndDateUTC":"","_EventShowMap":"","_EventShowMapLink":"","_EventURL":"","_EventCost":"","_EventCostDescription":"","_EventCurrencySymbol":"","_EventCurrencyCode":"","_EventCurrencyPosition":"","_EventDateTimeSeparator":"","_EventTimeRangeSeparator":"","_EventOrganizerID":"","_EventVenueID":"","_OrganizerEmail":"","_OrganizerPhone":"","_OrganizerWebsite":"","_VenueAddress":"","_VenueCity":"","_VenueCountry":"","_VenueProvince":"","_VenueState":"","_VenueZip":"","_VenuePhone":"","_VenueURL":"","_VenueStateProvince":"","_VenueLat":"","_VenueLng":"","_VenueShowMap":"","_VenueShowMapLink":"","_application":"","_batch_id":"","_company_name":"","_company_tagline":"","_company_twitter":"","_company_video":"","_company_website":"","_custom_id":"a27c295d-693a-48d9-b77b-40d09a87959d","_EventDuration":"","_EventOrigin":"","_EventTimezoneAbbr":"","_featured":"","_filled":"","_job_expires":"","_job_location":"","_media_credit":"","_media_credit_url":"","_menu_item_menu_item_parent":"","_menu_item_object":"","_menu_item_object_id":"","_menu_item_target":"","_menu_item_type":"","_menu_item_url":"","_menu_item_xfn":"","_navis_media_can_distribute":"","_navis_media_credit_org":"","_OrganizerOrigin":"","_provider":"","_pum_built_in":"","_pum_default_theme":"","_pum_form_conversion_count":"","_remote_id":"","_remote_name":"","_remote_position":"","_report_frequency":"","_report_reference_dates":"","_send_attempts":"","_site_id":"","_sitemap_exclude":"","_sitemap_frequency":"","_sitemap_priority":"","_source_url":"","_subscription_period":"","_subscription_period_interval":"","_subscription_price":"","_tec_slr_enabled":"","_tec_slr_layout":"","_template_type":"","_ticket_end_date":"","_ticket_start_date":"","_tribe_aggregator_allow_multiple_organizers":"","_tribe_aggregator_content_type":"","_tribe_aggregator_file":"","_tribe_aggregator_finalized":"","_tribe_aggregator_hash":"","_tribe_aggregator_import_id":"","_tribe_aggregator_import_name":"","_tribe_aggregator_interactive":"","_tribe_aggregator_origin":"","_tribe_aggregator_post_status":"","_tribe_aggregator_preview":"","_tribe_aggregator_source_name":"","_tribe_aggregator_type":"","_tribe_default_ticket_provider":"","_tribe_hide_attendees_list":"","_tribe_rsvp_for_event":"","_tribe_ticket_capacity":"","_tribe_ticket_header":"","_tribe_ticket_show_description":"","_tribe_ticket_show_not_going":"","_tribe_ticket_version":"","_type":"","_VenueOrigin":"","_wp_attachment_context":"","_wp_attachment_image_alt":"","_wp_font_face_file":"","_wp_old_date":"","_yoast_wpseo_estimated-reading-time-minutes":"","_yoast_wpseo_focuskeywords":"","_yoast_wpseo_focuskw_text_input":"","_yoast_wpseo_keywordsynonyms":"","_yoast_wpseo_primary_block-catalog":"","_yoast_wpseo_primary_category":"","_yoast_wpseo_primary_job_listing_type":"","_yoast_wpseo_primary_nova_retailer":"","_yoast_wpseo_primary_publication":"","_yoast_wpseo_primary_tribe_events_cat":"","_yoast_wpseo_videositemap-duration":"","_yoast_wpseo_videositemap-rating":"","_menu_item_classes":[],"_tribe_modified_fields":[],"_wp_attachment_backup_sizes":[],"_wp_suggested_privacy_policy_content":[],"_yoast_post_redirect_info":[],"_yoast_wpseo_video_meta":[],"activation_date":"","archive_insertion_is_repeating":"","archive_insertion_posts_count":"","article_feature_media":"","article_feature_type":"","article_main_image_caption":"","article_media_icon":"","article_template":"","author_byline":"","background_color":"","block_editor":"","byline":"","cmplz_hide_cookiebanner":"","competition_end_date":"","contact_advertise_email":"","contact_advertise_phone":"","contact_editorial_email":"","contact_general_email":"","contact_general_phone":"","contact_office_hours":"","contact_physical_address":"","enabled":"","featured_image_custom_caption":"","featured_video_url":"","fields":"","font_body":"","font_header":"","frequency":"","headline":"","hide_border":"","icon":"","is_wp_suggestion":"","issuu_download_url":"","issuu_embed_url":"","language_version_url":"","large_border":"","name":"","nm_contact_name":"","nm_contact_number":"","nm_date_lost":"","no_overlay_background":"","node-url":"","obituary_born_date":"","obituary_died_date":"","obituary_memoriam_text":"","origin":"","overlay_color":"","overlay_opacity":"","overlay_size":"","placement":"","plural_label":"","post_author":"","post_id":"","post_language":"en","secret-key":"","sponsored_utm_campaign":"","sponsored_utm_content":"","sponsored_utm_medium":"","sponsored_utm_source":"","sponsored_utm_term":"","start_date":"","utm_suppression":"","video_embed_url":"","wp_pattern_sync_status":"","data_version":[],"enclosure":[],"pongrass_image":[],"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_newspack_byline_active":false,"_newspack_byline":"","newspack_content_restriction_is_exempt":false,"scaip_prevent_shortcode_addition":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[67],"tags":[],"newspack_spnsrs_tax":[],"publication":[],"class_list":["post-53013","post","type-post","status-publish","format-standard","hentry","category-business"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":265378,"url":"https:\/\/novanews.co.za\/eikestadnuus\/august-fuel-price-good-news-for-petrol-drivers-bad-news-for-diesel-users\/","url_meta":{"origin":53013,"position":0},"title":"August fuel price: Good news for petrol drivers, bad news for diesel users","author":"Novus Media","date":"16 July 2025","format":false,"excerpt":"If you drive a petrol car, you're in for some good news at the pumps come August.","rel":"","context":"In &quot;Business&quot;","block_context":{"text":"Business","link":"https:\/\/novanews.co.za\/eikestadnuus\/business\/"},"img":{"alt_text":"Petrol users my see a drop in the price of petrol in August, while diesel users my not be that lucky.","src":"https:\/\/i0.wp.com\/novanews.co.za\/eikestadnuus\/wp-content\/uploads\/2025\/07\/597fd9f0132a427da5dcdf653384e0b7.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/novanews.co.za\/eikestadnuus\/wp-content\/uploads\/2025\/07\/597fd9f0132a427da5dcdf653384e0b7.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/novanews.co.za\/eikestadnuus\/wp-content\/uploads\/2025\/07\/597fd9f0132a427da5dcdf653384e0b7.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/novanews.co.za\/eikestadnuus\/wp-content\/uploads\/2025\/07\/597fd9f0132a427da5dcdf653384e0b7.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":54590,"url":"https:\/\/novanews.co.za\/eikestadnuus\/petrol-price-to-skyrocket-20220202-2\/","url_meta":{"origin":53013,"position":1},"title":"Petrol price to skyrocket","author":"Eikestadnuus","date":"3 February 2022","format":false,"excerpt":"South Africa\u2019s latest fuel price increase in February, with an expected hike of R1.30 per litre for petrol, is expected to spark a huge public outcry.","rel":"","context":"In &quot;Business&quot;","block_context":{"text":"Business","link":"https:\/\/novanews.co.za\/eikestadnuus\/business\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/novanews.co.za\/eikestadnuus\/wp-content\/uploads\/2025\/03\/c36ffb20d7e94a59a15444cad0463786.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/novanews.co.za\/eikestadnuus\/wp-content\/uploads\/2025\/03\/c36ffb20d7e94a59a15444cad0463786.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/novanews.co.za\/eikestadnuus\/wp-content\/uploads\/2025\/03\/c36ffb20d7e94a59a15444cad0463786.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/novanews.co.za\/eikestadnuus\/wp-content\/uploads\/2025\/03\/c36ffb20d7e94a59a15444cad0463786.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/novanews.co.za\/eikestadnuus\/wp-content\/uploads\/2025\/03\/c36ffb20d7e94a59a15444cad0463786.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":53339,"url":"https:\/\/novanews.co.za\/eikestadnuus\/petrolprysskok-kom-dalk-in-julie-20220622-2\/","url_meta":{"origin":53013,"position":2},"title":"Petrolprysskok kom dalk in Julie","author":"Eikestadnuus","date":"23 June 2022","format":false,"excerpt":"Dringende ingryping is nodig om die brandstofprys te verlaag, want nie alle Suid-Afrikaners het miljoene dollars wat in \u2019n rusbank gedruk word nie, soos die DA dit stel.","rel":"","context":"In &quot;Business&quot;","block_context":{"text":"Business","link":"https:\/\/novanews.co.za\/eikestadnuus\/business\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":53403,"url":"https:\/\/novanews.co.za\/eikestadnuus\/how-to-stave-off-repay-hike-effects-20220615-2\/","url_meta":{"origin":53013,"position":3},"title":"How to stave off repay-hike effects","author":"Eikestadnuus","date":"16 June 2022","format":false,"excerpt":"After almost two years of historically low home-loan borrowing costs slashed by 30% in the first half of 2020, we are now back in a hiking cycle.","rel":"","context":"In &quot;Business&quot;","block_context":{"text":"Business","link":"https:\/\/novanews.co.za\/eikestadnuus\/business\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":264000,"url":"https:\/\/novanews.co.za\/eikestadnuus\/the-impact-of-the-israel-iran-conflict-on-south-africas-economy\/","url_meta":{"origin":53013,"position":4},"title":"The impact of the Israel-Iran conflict on South Africa\u2019s economy","author":"Lise Beyers","date":"21 June 2025","format":false,"excerpt":"The ongoing conflict between Israel and Iran in the Middle East has once again highlighted the fragility of global markets and the interconnectedness of geopolitical tensions with South Africa\u2019s economic stability. As the conflict escalates, notable fluctuations in the rand\u2019s exchange rate and oil prices have already begun to influence\u2026","rel":"","context":"In &quot;Business&quot;","block_context":{"text":"Business","link":"https:\/\/novanews.co.za\/eikestadnuus\/business\/"},"img":{"alt_text":"Frederick Mitchell of Aluma Capital explores the implications of the Israel-Iran conflict on South Africa.","src":"https:\/\/i0.wp.com\/novanews.co.za\/eikestadnuus\/wp-content\/uploads\/2025\/06\/frederick-mitchell-e1750666548410.jpeg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/novanews.co.za\/eikestadnuus\/wp-content\/uploads\/2025\/06\/frederick-mitchell-e1750666548410.jpeg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/novanews.co.za\/eikestadnuus\/wp-content\/uploads\/2025\/06\/frederick-mitchell-e1750666548410.jpeg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/novanews.co.za\/eikestadnuus\/wp-content\/uploads\/2025\/06\/frederick-mitchell-e1750666548410.jpeg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":263314,"url":"https:\/\/novanews.co.za\/eikestadnuus\/purposeful-pedalling\/","url_meta":{"origin":53013,"position":5},"title":"Purposeful pedalling","author":"Eikestadnuus","date":"2 June 2025","format":false,"excerpt":"Growing up in Ida's Valley, Eon Hendrikse's daily bicycle commute to Paul Roos Gymnasium was more than just a way to get to school; it was where his passion for cycling first took root. Some years later, while pusuing an LLB degree at university, this Stellenbosch Network Entrepreneur of the\u2026","rel":"","context":"In &quot;Business&quot;","block_context":{"text":"Business","link":"https:\/\/novanews.co.za\/eikestadnuus\/business\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/novanews.co.za\/eikestadnuus\/wp-content\/uploads\/2025\/05\/tceon_56997.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/novanews.co.za\/eikestadnuus\/wp-content\/uploads\/2025\/05\/tceon_56997.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/novanews.co.za\/eikestadnuus\/wp-content\/uploads\/2025\/05\/tceon_56997.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/novanews.co.za\/eikestadnuus\/wp-content\/uploads\/2025\/05\/tceon_56997.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/novanews.co.za\/eikestadnuus\/wp-content\/uploads\/2025\/05\/tceon_56997.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]}],"distributor_meta":false,"distributor_terms":false,"distributor_media":false,"distributor_original_site_name":"Eikestadnuus","distributor_original_site_url":"https:\/\/novanews.co.za\/eikestadnuus","push-errors":false,"_links":{"self":[{"href":"https:\/\/novanews.co.za\/eikestadnuus\/wp-json\/wp\/v2\/posts\/53013","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/novanews.co.za\/eikestadnuus\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/novanews.co.za\/eikestadnuus\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/novanews.co.za\/eikestadnuus\/wp-json\/wp\/v2\/users\/20"}],"replies":[{"embeddable":true,"href":"https:\/\/novanews.co.za\/eikestadnuus\/wp-json\/wp\/v2\/comments?post=53013"}],"version-history":[{"count":0,"href":"https:\/\/novanews.co.za\/eikestadnuus\/wp-json\/wp\/v2\/posts\/53013\/revisions"}],"wp:attachment":[{"href":"https:\/\/novanews.co.za\/eikestadnuus\/wp-json\/wp\/v2\/media?parent=53013"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/novanews.co.za\/eikestadnuus\/wp-json\/wp\/v2\/categories?post=53013"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/novanews.co.za\/eikestadnuus\/wp-json\/wp\/v2\/tags?post=53013"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/novanews.co.za\/eikestadnuus\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=53013"},{"taxonomy":"publication","embeddable":true,"href":"https:\/\/novanews.co.za\/eikestadnuus\/wp-json\/wp\/v2\/publication?post=53013"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}