Gasoline prices in South Africa’s Gauteng set to fall

Bloomberg

The price of gasoline in South Africa’s economic hub of Gauteng will fall to the lowest since March in January 2019. A liter of 95-octane gasoline will decrease 1.23 rand to 14.01 rand ($0.97) in Gauteng, which includes Johannesburg and the capital, Pretoria, the Central Energy Fund said in an emailed statement. Diesel will decline 1.53 rand a liter to 13.13 rand in the province.
Fuel prices in South Africa, which imports oil, surged to a record in October as the rand depreciated and international crude prices rose.

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