Prepare to pay more for fuel next month

Prepare to pay more for fuel next month

An economist with the South African Institute of Race Relations is predicting the petrol price to increase by about 46 cents a litre. 

Petrol price to drop 99c per litre from next week
AFP

Diesel is expected to go up by up 64 cents a litre. 


The institute's Ian Cruickshanks says the oil price has affected.


"The oil price has risen. It went over 50 dollars a barrel, 52 dollars a barrel at its highest and from well under 50 dollars a barrel in the previous month. However, this is marginally offset by the fact that the rand has appreciated a little only by 1 cents worth," he said. 

 

Earlier this month, petrol went up by 44 cents and diesel by 22 cents a litre.

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