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October petrol price hikes could push petrol above R29

Mid-month CEF data points to steep fuel price increases in October, with petrol potentially breaching R29 per litre for the first time.

LIMPOPO – South African motorists are staring down the barrel of record-high fuel prices in October, with mid-month data from the Central Energy Fund (CEF) pointing to steep increases driven by rising global oil costs and a weaker rand.

If the current under-recovery trends continue, petrol 95 could breach R29 per litre inland for the first time in history.

What you could pay from October

Based on mid-September CEF data, motorists face the following projected increases:

Fuel TypeProjected Increase
Petrol 93+ R2.29
Petrol 95+ R2.41
Diesel 0.05% (wholesale)+ R2.04
Diesel 0.005% (wholesale)+ R2.41
Illuminating Paraffin+ R2.56

For a standard 45-litre petrol car, the projected October increase would add roughly R108 to a full tank compared to September. Diesel uses are looking at R200 more for a 100L fill-up compared to last month.

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Tanaiya Lees

Tanaiya Lees is the Digital Coordinator for the Polokwane Review-Observer and the Letaba, Phalaborwa, Hoedspruit, Mopani, and Regional Herald. She holds a Diploma in Journalism, and a BA in Communications and Psychology. With an interest in storytelling and a strong commitment to accuracy, her goal is to produce high-quality content that truly connects with readers. She aims to amplify the voices of those who need it most, shine a light on important issues, and inspire meaningful conversations. Tanaiya firmly believes in the power of journalism to effect change and is dedicated to being a part of that change.

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