South Africa
Drop in petrol price expected next week─── 06:23 Sat, 01 Oct 2022
The price of fuel is anticipated to modestly decline next week, providing some relief for drivers.
However, diesel users are not as lucky.
The Central Energy Fund's month-end data indicates that the cost of petrol may decrease by R1 per litre.
Diesel, however, is exhibiting an under-recovery, which could result in a 10 cent per liter hike.
According to analysts, supply and demand is what drives the difference in costs between diesel and gasoline.
As Europe struggles to meet its electrical needs, there is a significant demand for diesel worldwide.
