Significant Fuel Price Decreases Predicted For South Africa In April

While this months fuel price decreases of seven cents for petrol and up to 32 cents for diesel hardly touched sides after four months of price increases, April could bring significant relief.
The latest data from the Central Energy Fund CEF, released on March 12, shows that petrol prices are likely to recede by between 85 cents 93 Unleaded and 98 cents 95 Unleaded, while diesel is looking set for decreases of between 86 cents and 87 cents.
With the daily data inching further into the green, the fuel price decreases could even surpass the R1 mark if current trends persist, but all of this optimism does come with a caveat as much can still transpire on the fuel price front during the remainder of the month.
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Nonetheless, a R1 petrol price decrease will bring the price of 95 Unleaded down to around R20.55 at the coast and R22.34 inland, while 93 Unleaded could reduce to around R21.09.