SOUTH African motorists will probably face another petrol pr

• Published date: 20 April 2024
• Publication title: Saturday Star

Mid-month data released by the Central Energy Fund points to increases of around 30 cents for both grades of petrol, while diesel could come down by between 25 cents and 30 cents

The usual disclaimer applies here as much can change between now and the end of the month. Given the tension in the Middle East, the sums are unlikely to add up in a more positive way.

The over-recovery on diesel has weakened in recent days, which could erode May’s price relief. The opposite is true on the petrol front, meaning a bigger increase is possible at this...