Salt River, Cape Town  12 September 2024

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Central Energy Fund

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Fuel price set to drop in September

By Rachel Mohamed The Automobile Association has reported that based on unaudited mid-month data from the Central Energy Fund (CEF), petrol, diesel, and illuminating paraffin will be cheaper in September than at any other time this year. Speaking on VOC’s News Beat show on Tuesday, Automobile Association spokesperson Eleanor Mavimbela stated that two factors come into play when talking about the over-recovery that will result in a decrease in fuel […]

today23 August 2024

Local

Petrol Prices to Rise Again in May, while Diesel Prices expected to Drop

By Ragheema Mclean South African motorists are bracing for another potential petrol price hike in May, while diesel prices could see a slight decrease. Data from the Central Energy Fund indicates that petrol prices are currently showing an under-recovery of around 30 to 40 cents per litre, setting the stage for a fourth consecutive price hike next month. However, diesel prices are showing an over-recovery of around 28 cents per […]

today18 April 2024

Local

Petrol price may decrease by R1 in October : The Central Energy Fund

LOCAL Motorists can expect another slash in the price of petrol in October, however, diesel is likely to be more expensive. The Central Energy Fund says petrol may decrease by around one rand with diesel expected to rise between 12c and 17c per litre. The Automobile Association’s Spokesperson Layton Beard said: “We are looking at around R6 in taxes that is added to every litre of fuel, R3.94 goes to […]

today29 September 2022

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