Fuel price set to drops

The Star Early Edition - - NEWS - KAMCILLA PIL­LAY

ECON­O­MISTS have pre­dicted a sig­nif­i­cant drop in fuel prices next month as the in­ter­na­tional oil price re­mains de­pressed.

Econ­o­mist Dawie Roodt said yes­ter­day he ex­pected the petrol price to de­cline by be­tween 60 and 64 cents a litre, with diesel drop­ping by around 60 cents a litre.

Chief ex­ec­u­tive of debt coun­selling com­pany, Debt Res­cue, Neil Roets said it could be a dif­fer­ent story in Au­gust if the three rat­ings agen­cies de­cided to fur­ther down­grade SA’s rand-de­nom­i­nated debt.

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