The petrol price is expected to rise between 48 cents and 52 cents a litre in June, according to the Automobile Association (AA).<\/p>\n
The roadside assistance provider said that it expects diesel to rise between 52 cents and 56 cents per litre, and illuminating paraffin by around 50 cents a litre.<\/span><\/p>\n This is in line with\u00a0unaudited mid-month data released by the Central Energy Fund, showing an under-recovery\u00a0at the same price-points.<\/span><\/p>\n “Despite the relative stability of the Rand\/US dollar exchange rate, the basic fuel price has been driven upwards by increases in international petroleum prices,” the AA said.<\/p>\n “Although some price stability has been evident in recent days, a substantial appreciation in either the exchange rate or international pricing would be needed maintain the current fuel price come month end,” it said.<\/p>\n The petrol price was unchanged in May, while the cost of diesel, illuminating paraffin, and liquid petroleum gas declined following a run of record breaking increases in recent months.<\/p>\n The current inland price of 95 octane petrol is at R12.83 a litre.<\/p>\n In January motorists experienced some relief when prices dropped by R1.23 a litre for 95 octane petrol and R1.27\/litre for 93 octane petrol. This was due to the weakening of the rand\/dollar exchange rate offset by a drop in international oil prices.<\/p>\n In February the retail prices of both grades of petrol dropped by 93 cents\/litre and the maximum retail price for LPG tumbled a massive R1.50\/kg.<\/p>\n In March petrol went up by 96 cents\/litre, while diesel rose by 74 cents and paraffin by 73 cents. The increase came after a drop in fuel prices as the global oil price plummeted.<\/p>\n Fuel prices increased by a record R1.62 a litre in April.<\/p>\n Petrol price unchanged, diesel decrease for May<\/a><\/strong><\/p>\n Petrol price decrease coming: AA<\/strong><\/a><\/p>\nMore on petrol in SA<\/h3>\n