Diesel‑ and paraffin users’ pockets may be hit from next month, with a big increase in these fuel prices expected.
According to the Automobile Association’s (AA) forecast, which is based on unaudited data from the Central Energy Fund, the price of diesel and paraffin will rise by 72c/litre.
The price of 95-octane petrol is expected to rise by around 35c/litre and 93-octane petrol by around 30c/litre.
According to the AA, international oil prices, which have risen steadily throughout the month, are the biggest driving force behind the expected increases.
“Relieving the pressure on fuel prices is the rand which strengthened its value against the US dollar throughout the month. This ensures that the expected fuel increases are not higher, but its effects are not sufficient to avoid the increases,” says the AA.
“As always, we encourage motorists to ensure that their vehicles are in good condition and running optimally in order to use the correct amount of fuel. Planning trips and keeping tires in good condition are other measures to ensure optimal fuel consumption.
“All consumers should be aware of the expected increases, and they should adjust their budgets accordingly to be able to afford these additional expenses.”