Mid-month fuel data released by the Central Energy Fund (CEF) indicates that motorists can expect a drop in the price of fuel if current trends persist. According to the data, 95 Petrol is expected to show an over-recovery of approximately 11 cents, and 93 Petrol is expected to show an over-recovery of 24 cents per litre.

Meanwhile, diesel is showing an under-recovery of an estimated 11 cents, and this suggests that a hike is likely.

International factors have impacted the global price of fuel negatively – these include the US-China trade war, and there are also talks of cuts in oil production in Saudi Arabia planned for December.

Fuel Inland September official October predicted
95 Petrol R16.03 R15.92
93 Petrol R15.83 R15.59
0.05% Diesel (wholesale) R14.59 R14.70

Picture: Pixabay

Article written by

Lucinda Dordley

Lucinda is a hard news writer who occasionally dabbles in lifestyle writing, and recent journalism graduate. She is a proud intersectional feminist, and is passionate about actively creating a world which is free of discrimination and inequality.