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Massive October fuel price hike looms as petrol nears R30 a litre

Pretoria motorists could pay almost R3 more per litre for petrol in October, according to the latest fuel price projections.

Pretoria motorists could face a massive fuel price hike in October, with 95 petrol projected to climb to about R29.80 a litre inland.

Figures from the Central Energy Fund’s daily basic fuel price data for September 23 point to an increase of about R2.71 a litre for 93 petrol and R2.88 for 95 petrol. Wholesale diesel prices could rise by between R2.60 and R3.00 a litre, depending on the grade. cefgroup.co.za

At the projected increase, filling a 50-litre tank with 95 petrol would cost about R144 more than it does now.

Higher international oil prices have put pressure on local fuel prices, although a recent decline in oil prices could reduce the size of the October increase.

The projections may still change before the Department of Mineral and Petroleum Resources announces the official adjustment.

Also read: Pretoria MTI liquidator Christopher Roos, mother and son found shot dead

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Corné van Zyl

Corné van Zyl is a seasoned journalist and currently a senior reporter at Rekord, with a wealth of experience across various media platforms. She began her career after studying journalism at the Tshwane University of Technology (TUT) and first honed her skills at Media24. Corné’s career took her to Beeld, Sondag newspaper, and the South African Press Association (SAPA), where she built a strong foundation in news reporting. In her free time, Corné enjoys spending time with her family outdoors, embracing life and creating lasting memories with her loved ones.
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