Petrol set to decrease again in September

Early indications from the Central Energy Fund’s data show that South African consumers can expect a fuel price cut in September.

Month-end data published by the CEF shows a significant over-recovery for petrol (93 and 95) with a more moderate over-recovery for diesel.

Petrol 95 could be cut by as much as R2.30 per litre in September, while diesel could come down by as much as R1.26 per litre. These cuts would put the petrol price at R23.13 per litre and diesel at R23.26 per litre.

This would put petrol prices back to levels seen before the steep hikes in June, but still around R3 more expensive than in February 2022, before the global pressures from Russia’s invasion of Ukraine took effect.

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