

Just as South Africans sucked up a record petrol and diesel price hike on Wednesday (1 April), fuel recovery data for the start of the new month shows an even bigger blow is to come.
The latest data from the Central Energy Fund (CEF) shows early under-recoveries of R7.88 per litre for petrol 95 and R17.57 for diesel (0.005% sulphur).
While these are very early figures, there would have to be a massive turn in market conditions or significant intervention from the national…
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