The Automobile Association is cautiously optimistic that the petrol price will drop by about 24c per litre from next month - a prediction that would be a welcome development for consumers.
"Ongoing volatility in international oil prices has been matched by swings in the Rand/US dollar exchange rate‚ making fuel price predictions as tricky as ever‚" the AA said in a statement on Tuesday morning.
It said that while the rand started the month strongly against the dollar - which bodes well for petrol prices - it had since weakened.
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It was a similar case with the international cost of petroleum‚ which started the month relatively cheap but "made something of a comeback in the past few days".
Despite this volatility‚ the consumer was "still winning"‚ the association said.
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"The current data (predicts) a drop of 24 cents a litre for petrol‚ 20 cents for diesel‚ and 21 cents for illuminating paraffin. We wouldn't rely on these figures though‚ since a lot could change by month end‚" the AA commented.
-TMG Digital/TimesLIVE
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