{"id":113814,"date":"2016-02-19T09:12:36","date_gmt":"2016-02-19T07:12:36","guid":{"rendered":"http:\/\/germistoncitynews.co.za\/?p=113814"},"modified":"2016-02-19T09:12:36","modified_gmt":"2016-02-19T07:12:36","slug":"petrol-to-drop-between-56-and-59-cents-per-litre","status":"publish","type":"post","link":"https:\/\/develop.citizen.co.za\/germiston-city-news\/news-headlines\/2016\/02\/19\/petrol-to-drop-between-56-and-59-cents-per-litre\/","title":{"rendered":"Petrol to drop between 56 and 59 cents per litre"},"content":{"rendered":"<div id=\"\">The on-going oil price weakness has been bolstered by a strengthening in the Rand \/ US dollar exchange rate.<\/div>\n<div><\/div>\n<div>This according to the Automobile Association (AA) which was commenting on unaudited mid-month fuel price data released by the Central Energy Fund (CEF).<\/div>\n<p>&#8220;The Rand has recouped some of its losses against the dollar and traded in a fairly narrow band since the end of January,&#8221; the AA said.<\/p>\n<p>&#8220;This is allowing South Africans to benefit from lower international petroleum prices and provides some cushioning against any upward movement.&#8221;<\/p><div class=\"stream-item stream-item-in-post stream-item-inline-post aligncenter\"><\/div>\n<p>Petrol users are in for much-needed relief; the current indicators show a decrease of between 56 and 59 cents per litre.<\/p>\n<p>Although the international price of diesel climbed slightly in the first half of February, the exchange rate offset some of diesel&#8217;s gains \u2013 without the stronger exchange rate, the increase would have been 17 cents a litre instead of the seven cents a litre currently predicted.<\/p><div class=\"stream-item stream-item-in-post stream-item-inline-post aligncenter\"><\/div>\n<p>Illuminating paraffin is set for an increase of ten cents a litre, which would have been 20 cents without the Rand&#8217;s recent gains.<\/p>\n<p>&#8220;It would benefit the economy considerably if the current environment of low petroleum prices and a flatter exchange rate were to continue,&#8221; the AA concluded.<\/p>\n<div class=\"stream-item stream-item-below-post-content\">\n<div class='tenancy_slot tenancy_slot_1 jannah_ad' style='display: none;' data-query-id='54f9b3396fe28c208d525db21588965c'><\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>Welcome drop in petrol expected at the end of the month.<\/p>\n","protected":false},"author":557,"featured_media":96682,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"hasGravity":false,"cxt_article_byline":"","cxt_disable_google_ads":false,"footnotes":""},"categories":[7,2],"tags":[8297,1012,1003,1106,979,969,2730],"class_list":["post-113814","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-local-news","category-news-headlines","tag-community-2","tag-east-rand","tag-ekurhuleni","tag-gcn","tag-germiston","tag-germiston-city-news","tag-leigh-hodgson"],"amp_enabled":true,"category_labels":{"Category":"News","SubCategory":"Local news"},"tag_labels":["community","East Rand","Ekurhuleni","GCN","germiston","germiston city news","Leigh Hodgson"],"_links":{"self":[{"href":"https:\/\/develop.citizen.co.za\/germiston-city-news\/wp-json\/wp\/v2\/posts\/113814","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/develop.citizen.co.za\/germiston-city-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/develop.citizen.co.za\/germiston-city-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/develop.citizen.co.za\/germiston-city-news\/wp-json\/wp\/v2\/users\/557"}],"replies":[{"embeddable":true,"href":"https:\/\/develop.citizen.co.za\/germiston-city-news\/wp-json\/wp\/v2\/comments?post=113814"}],"version-history":[{"count":0,"href":"https:\/\/develop.citizen.co.za\/germiston-city-news\/wp-json\/wp\/v2\/posts\/113814\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/develop.citizen.co.za\/germiston-city-news\/wp-json\/wp\/v2\/media\/96682"}],"wp:attachment":[{"href":"https:\/\/develop.citizen.co.za\/germiston-city-news\/wp-json\/wp\/v2\/media?parent=113814"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/develop.citizen.co.za\/germiston-city-news\/wp-json\/wp\/v2\/categories?post=113814"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/develop.citizen.co.za\/germiston-city-news\/wp-json\/wp\/v2\/tags?post=113814"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}