South African motorists could be in for another petrol price hike next month if the latest data from the Central Energy Fund is to be believed.Mid-month data shows an under-recovery of around 55 cents per litre of petrol, while diesel shows an over-recovery of around 5 cents.
If this trend continues, 95 octane petrol could increase by 55c with 93 grade petrol rising by 54c a litre.
The key driver behind the expected hike is the rising cost of international petroleum, which South Africa imports.
via - ENCA
SOUTH AFRICA - FUEL PRICES SET TO RISE AGAIN IN MAY
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Reviewed by MHM Marketing & Design
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20:16:00
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