Hefty fuel price hike coming in March: AA

South African consumers could face yet another fuel price increase in March, the Automobile Association said on Friday.

This was because of strong international crude oil prices, which “had overpowered the appreciating rand”, it said in a statement.

“The Central Energy Fund data is currently suggesting a fuel price hike of up to 34c per litre for petrol, 26c per litre for diesel and 16c per litre for illuminating paraffin.”

There was little chance of either a surge in the rand’s strength or a retreat in international oil prices.

“Unfortunately, we expect the fuel price increase for March to be in the region of the current numbers.”

More on petrol prices

Fuel prices: buckle up for a tough 2014

Petrol price hike in December

Petrol relief for SA motorists

Petrol price seen lower

Must Read

Partner Content

Show comments

Trending Now

Follow Us

Hefty fuel price hike coming in March: AA