South Africans can expect record fuel price increases in April, the AA says.
Commenting on mid-month fuel data released by the Central Energy Fund, the AA yesterday noted that the latest information projects fuel prices to touch on R24/l for petrol and R23.60 for diesel.
Based on current data, 95 octane petrol is set to increase by R2.15/l, 93 octane by R2.07/l, diesel by between R2.94/l and R3.08/l, and illuminating paraffin by R2.51/l.
âIf realised at month end, these will be the biggest increases to fuel prices in South Africaâs history and will undoubtedly have major ramifications for all consumers and the economy in general. We must note, though, that this is the mid-month outlook, and oil prices are see-sawing significantly, so there may yet be some relief before theâŚ