South African motorists are bracing for a potential increase in fuel prices in early 2025 due to the weakening rand against the dollar and rising oil prices. Data suggests a possible 12 cents increase for petrol 93 octane and 5 cents for 95, while diesel prices might see a slight decrease or increase.
The latest data suggests that South Africa ’s motorists could be in for bad fuel price news early in 2025. Here are the latest figures …The latest data suggests that South Africa 's motorists could be in for bad fuel price news early in 2025. Here are the latest figures ... Image: Pixabay, petrol and diesel vehicle owners in Mzansi saw an increase in the cost of both petrol and diesel earlier this month.
This was mainly as a result of a combination of the rand depreciating against the dollar and the price of oil continuing to rise thanks to ongoing unrest in the Middle East. In recent days the rand has weakened further against the dollar, suggesting that South Africa’s motorists will be greeted by bad news early in the New Year.If the market conditions were to remain consistent for the remainder of the month – an unlikely scenario with the rand/dollar exchange rate fluctuating and the oil price ever changing – an increase of 12 cents is expected for petrol 93 octane motorists and an increase of five cents for 95 users.
Meanwhile, diesel motorists would see something between a one cent per litre decrease and a two cents per litre increase.FUEL PRICE IN SOUTH AFRICA IMPACTED BY TWO MAIN FACTORS:The final overall price changes for both petrol and diesel will be confirmed early next week with the new prices taking effect at midnight on Just days into his first full Formula One off-season, Liam Lawson has won the most important race of his life.
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