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Good news for petrol prices this October | SA News

Lower international oil prices and an improvement in the rand/US dollar exchange rate have reversed the expected petrol price hikes for October.

At the start of the month, the Central Energy Fund’s (CEF’s) data indicated that South Africa was due for a 20c per litre hike for both grades of petrol.

However, the CEF’s latest data indicates that motorists will receive a small measure of relief, depending on the type of fuel they use.

Petrol 93 is now expected to receive no changes, while petrol 95 will receive a…

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