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Fuel prices in South Africa set for steep increase in May | SA News

Thanks to ongoing conflict in the Middle East and fluctuating international oil prices ($96,12, or R1,572.73 a barrel at the time of writing), South African motorists should brace for even higher fuel costs in May, with the latest data from the Central Energy Fund (CEF) showing growing under-recoveries across all fuel grades.

The CEF’s latest daily snapshot, published on April 14, points to petrol price increases of about R2.62/l for 93-octane and R2.99/l for 95-octane. Diesel users face a far steeper rise, with 0.05% sulphur diesel expected to increase by R9.05/l and 0.005% sulphur diesel by R9.07/l.

Currently, 93-octane petrol — available only inland — is priced at R23.25/l, while…

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  1. Fun South African Fact: In 2006, South Africa became the first African country and the fifth country in the world to recognize same-sex marriage.