Pretoria motorists should brace themselves for a petrol price increase in early May 2024.
Here is what you need to know about the latest petrol price increase.
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The latest projections from the Central Energy Fund (CEF) show that there will be a petrol price increase in South Africa in early May 2024.
A combination of an increase in the brent crude oil price and a weakening of the rand against the dollar spells trouble for petrol prices in particular.
These are the expected changes:
- Petrol 93: increase of 30 cents per litre
- Petrol 95: increase of 31 cents per litre
- Diesel 0.05% (wholesale): decrease of 26 cents per litre
- Diesel 0.005% (wholesale): decrease of 31 cents per litre
- Illuminating paraffin: decrease of 19 cents per litre
In contrast, the current situation suggests there could be better news for diesel drivers next month.
The news comes on the back of price increases for both petrol and diesel earlier this month.
MasterDrive CEO Eugene Herbert said that as we head into the colder months and potentially much higher petrol prices, we must look at how to make petrol last longer.
Ensure you reduce the effect winter can have on your petrol consumption in the following ways:
- Tyre pressure: As temperatures drop, so does your tyre pressure, and as this decreases, so does your fuel economy. Additionally, if your area experiences slippery roads, they also become a danger. Check your tyre pressure first thing in the morning when they are coldest to get the most accurate reading if your car does not automatically monitor tyre pressure.
- Park inside: If you have a garage, avoid the temptation to leave your car out overnight. When temperatures drop, engine fluids thicken and use more energy to thin out. Parking inside reduces this effect and your petrol consumption.
- Warmups are unnecessary: as technology improves, the need to warm your car’s engine before driving has become excessive in most cars. Even if you need to warm the engine of your older model vehicle, it’s more effective to do that by driving slowly and carefully than leaving your car idling in the driveway.
- Never forget: irrespective of whether it is winter or summer, remember the important tips for reducing your petrol consumption: remove unnecessary items from your car, ensure maintenance is up-to-date, drive petrol-efficiently, and remove anything from your car that reduces its aerodynamics.
- Be prepared: If necessary, replace your air filter, particularly in older model vehicles. A dirty air filter can directly impact petrol consumption.
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