The international oil price went down by over 10% over the past 30 days.
This will relieve the prices at the pump slightly but the decrease will not change the people’s new “think before taking the car” philosophy.
The traditional Sunday family drive could be a luxury of the past while the pump prices remain high.
Public transport patronage is increasing at a rapid rate to soften the cost of running the family car.
The drop in demand for fuel over the last 3 months has been as a result of a decrease in the general car usage.
Motor vehicle retailing has been affected from April this year but from a consumers point of view now is a great time to buy with the low prices out there.
Leave a comment
You must be logged in to post a comment.