Possible Sigh of Relief for Motorists

By: Staff Writer

The Automobile Association (AA) is forecasting a decrease in fuel prices next month.

Commenting on the final unaudited report by the Central Energy Fund today, the association says it expects the price of petrol to drop by 13 cents a litre, diesel by 32 cents and illuminating paraffin by 23 cents.

The association says the exchange rate has continued its strengthening trend against the US dollar and international petroleum prices have held steady.

It adds that it is hopeful the recent streak of price stability will continue to provide more price relief to fuel users in the short to medium term.