Less severe petrol price hike expected in April, diesel dropping | The Citizen

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Less severe petrol price hike expected in April, diesel dropping | The Citizen
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⛽Motorists to feel less pain at the petrol pumps with smaller than expected petrol price increase and a drop for diesel. CostOfLivingCrisis MotoringNews MotoringWorld TheCitizenMotoring Find out more here⬇️

April fuel price hike expected to be smaller, though drop in diesel will be substantial. Image: iStock

A smaller than expected petrol price increase is awaiting motorists in April, with the owners of diesel vehicles set to benefit from a drop in prices.Last week, preliminary data by the Central Energy Fund pointed to an uptake of 43 cents a litre for 93 unleaded and 42 cents for 95According to the newest data projections though, a weaker international oil price has offset the rand deteriorating well past R18 against the US dollar.

More substantial though is diesel that is projected to drop by between 20 and 22 cents a litre depending on the octane level. A big decrease is also expected in the price of illuminating paraffin, 68 cents versus the previously reported 41 cents.

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