Consumers are getting some relief early in the new year with fuel prices set to fall on Wednesday. The Central Energy Fund (CEF) announced on Monday that the retail price of petrol (93) will be cut by 71 cents a litre, while 95 will decrease by 68c. The wholesale price of diesel (0.05% sulphur) will be lowered by 67.8c a litre and 0.005% by 69.8c. The wholesale price of illuminating paraffin will decrease by 71c a litre. Local fuel prices are determined by international oil prices - as well as the dollar-rand value, as South Africa buys oil in dollar.
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