Cape Town – South African fuel prices are moving in the upward direction once again, with the price of petrol expected to increase in April.
The price of diesel is, however, expected to drop.
According to mid-month data from the Central Energy Fund (CEF), the prices of both 93 and 95 unleaded petrol are expected to rise 35c/l on April 5. The price of high-sulphur 0.05% diesel is expected to decrease 9c/l, with an 11c reduction for low-sulphur 0.005% diesel. The price of illuminating paraffin should decrease by 53c, Times Live reported.
The main driver behind the market pressures at present is the weak rand – although international product prices for petrol are also a big sticking point, according to Business Tech.
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Compiled by Betha Madhomu