Petrol price increase

Fuels Fluctuating: Petrol Prices Surge While Diesel Decreases

Get ready for some changes at the pump! May brings a mix of price hikes and drops in fuel costs in South Africa.

In the latest fuel price adjustments announced by the Department of Mineral Resources and Energy, South Africans are in for a mix of news at the pump come May. While the price of both grades of petrol, 93 ULP and LRP, and 95 ULP and LRP, are set to increase by 37 cents a litre, diesel prices will see a decrease of 30 cents per litre for 0.05% sulphur and 36 cents per litre for 0.005% sulphur. This sees petrol prices surging while diesel costs drop.

Residents in Bloemfontein and KZN are bracing for the impact of these fuel price adjustments. While petrol users face the burden of a 37 cents per litre increase for both 93 and 95 grades, diesel, paraffin, and LP Gas users can expect a slight drop in costs. The Automobile Association (AA) has urged the government to address the escalating fuel prices, reflecting the concerns of many facing financial strains.

On Worker's Day, the latest fuel price changes are causing a stir among South Africans. Transporters can expect a slight relief as diesel prices decrease, but motorists using petrol vehicles will feel the pinch of the price hike. The Union expresses disappointment over the petrol price increase, adding more pressure to the already challenging cost of living.

In a volatile fuel market, South Africans are reminded of the constant fluctuations at the pump. The increase in petrol prices and the decreased diesel costs shed light on the complex dynamics affecting consumers' wallets. As the month progresses, individuals and businesses will need to adapt to these changes, navigating the evolving fuel landscape with caution.