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BusinessLive reports that going on the latest unaudited mid-month fuel data from the Central Energy Fund (CEF), motorists could be facing a lot more pain at the pumps in September.
Based on the current data, ULP95 petrol shows an increase of about R1.39/l, with regular ULP93 expected to rise by R1.36/l. It looks like bad news for owners of diesel-powered vehicles too, with the price of 0.05% sulphur looking set to go up by a whopping R2.60/l, while 0.005% sulphur diesel could cost motorists an additional R2.59/l. These substantial increases can be attributed to a weakening rand and rising international oil prices. While these potential adjustments are not yet set in stone, the data is looking grim and motorists should prepare to fork out a lot more for all grades of fuel come 6 September.
- Read the full original of the report in the above regard at BusinessLive
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