💨 Abstract

The Department of Petroleum and Mineral Resources confirmed fuel price adjustments effective from midnight on 30 September. Petrol prices increased slightly, while diesel prices decreased due to stable international oil prices (around $67/barrel), a stronger rand (averaging R17.30/$), and wage hikes for fuel station workers. The changes reflect a shift from under-recovery to over-recovery, benefiting diesel-dependent sectors like transport and agriculture.

Courtesy: Garrin Lambley