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Oil and trouble: Why diesel prices aren't coming down that much

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Oil prices are coming down, but demand for diesel is strong.
Oil prices are coming down, but demand for diesel is strong.
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As global oil prices fall and the petrol price takes its biggest cut since 2020, a much smaller drop in diesel prices driven by strong demand may leave many motorists fuming.

After months of fuel price pain, fuel prices fell on Wednesday, largely thanks to a decrease in Brent crude oil, which dropped from $105 per barrel to $94 per barrel for the period under review.

Petrol prices have declined by 204 cents to cost R22.73 per litre of 95 and R22.30 per litre of 93.

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