AA remains hopeful for petrol price drop in coming weeks

AA remains hopeful for petrol price drop in coming weeks

After four consecutive months of fuel price hikes - we're told we can expect some relief at the pumps next month.

Car refuel petrol station
Car being refueled / iStock

That's if the unaudited mid-month data from the Central Energy Fund is anything to go by.


The Automobile Association's Layton Beard has attributed the predicted drop to the stability of international petroleum markets and a stronger exchange rate. 


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"At this stage, we are expecting a decrease around 27 cents a litre for both diesel and paraffin. 



Beard says petrol is not moving as much as diesel and illuminating paraffin.


 "At this stage, it still shows an increase of around 6c but it is still the middle of the month and things may change in the next two weeks hopefully giving us more of a breather for petrol as well."

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