Petroleum association hails fifth consecutive fuel price decrease

Durban — The South African Petroleum Retailers Association (Sapra) has welcomed the fifth consecutive fuel price decrease, saying lower fuel prices put more disposable income in consumers’ pockets.Sapra’s statements come after Department of Mineral and Petroleum Resources Minister Gwede Mantashe announced the adjustment of fuel prices with effect from October 2.Based on current local and international factors, the fuel prices for October 2024 will be adjusted as follows:Petrol 93 (ULP & LRP): R1.06c/l decrease.Petrol 95 (ULP & LRP): R114c/l decrease.Diesel (0.05% sulphur): R114c/l…