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Brace for another fuel hike

Dec 7, 2020 | Press releases

Fuel prices are set for another hike at the end of January. This is according to the Automobile Association (AA), which was commenting on unaudited mid-month fuel price data released by the Central Energy Fund (CEF).

The Rand / US dollar exchange rate has firmed slightly since the start of January 2017, But international oil prices have surged ahead by a far greater margin.

We predict that petrol is set to jump by 44 cents, diesel by 37 cents, and illuminating paraffin by 31 cents.

There is always the hope that the spike in international oil prices will not persist, but that seems unlikely.

South Africans should already be thinking of trimming any unnecessary expenses to accommodate a series of fuel price hikes which seem likely in the medium term.

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The Automobile Association of South Africa

For over 90 years, we’ve provided you with roadside rescue and security, so you know you can rely on the Automobile Association day and night.

We aim to empower you as a road user and add value to your life with our products and services.

Media

Mixed outlook for fuel prices in January – AA

Current unaudited data from the Central Energy Fund (CEF) shows a mix of increases and decreases in fuel prices for January. Commenting on the data, the Automobile Association (AA) says the data indicates that while there is a slight increase for ULP93, diesel, and illuminating paraffin prices are expected to decrease. Based on the data, ULP95 is anticipated to increase by around three cents per litre, while ULP93 is projected to increase by 11 cents per litre. Diesel prices are expected to...
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Mixed bag of fuel prices to end off the year – AA

South African motorists can expect a mixed bag of fuel price adjustments in December. The Automobile Association (AA) says current unaudited data from the Central Energy Fund (CEF) indicate a slight reduction in petrol prices, and more substantial increases to diesel and illuminating paraffin prices. Based on the CEF’s data, ULP95 is expected to reduce by approximately five c/l, while ULP93 is set for a reduction of approximately 16c/l. Diesel is expected to increase by between 40c/l and...
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Blue Light behaviour a shameful blight on SA roads

The presence of Blue Light Brigades appears to be increasing with these high-speed motorcades now an almost daily occurrence on Gauteng highways. The Automobile Association (AA) says Blue Light Brigades pose a threat to road users, particularly as drivers in the vehicles transporting politicians and behave aggressively towards other motorists. “The vicious assault on three drivers on the N1 highway in Fourways, Johannesburg in 2023 is a good example of how ‘protection officers’ in the...
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