Steep fuel price hike looming

Published on

2 February 2024

Fuel might just be the perfect gift this Valentine’s Day, as motorists are in for another steep fuel price increase next Wednesday 7 February. According to unaudited month-end data from the Central Energy Fund, the price of petrol could rise by between 72 and 75 cents per litre.

Meanwhile, the cost of diesel will likely rise by 70 to 73 cents per litre.

fuel price image — Image by Lizell Persens

If the forecast is correct, road users will then pay R22.52 for a litre of 95 Unleaded at the coast and R23.24 in the inland regions, where 93 Unleaded should climb to about R22.89 per litre.

Lizell Persens

Lizell is a Cape Town-based news anchor, reporter and transcriptionist. She has been a journalist for the past 10 years, and started her career as a TV producer. The avid reader enjoys writing poems, fast cars, music, travelling, and exploring new food.