We’re nearing the end of September, which means a couple of things; October’s official petrol prices are around the corner, and FNB is extending its R2/l petrol promotion. Overall, it’s shaping up to be a pretty good month where petrol is concerned. Well, maybe not so great for diesel, according to the Central Energy Fund’s (CEF) stats, captured on 28 September.
Are you a tank half full or tank half empty kind of person?
As always, you can’t take these numbers as fact. The CEF’s predictive numbers are based on the current price of oil, and the current Rand/Dollar exchange. The Department of Energy decides the true numbers before the end of the month, announcing them on Wednesday, 5 October. Mitigating factors could sway the official petrol price in the coming week.
The expected price changes, based on current stats, are below:
- Petrol 95:decrease of 106 cents per litre (R1,06)
- Petrol 93: decrease of 93 cents per litre (R0,93)
- Diesel 0.05%: increase of 8 cents per litre (R0,08)
- Diesel 0.005%: increase of 13 cents per litre (R0.13)
- Illuminating Paraffin: decrease of 60 cents per litre (R0.60)
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It seems that petrol prices are falling for the third month. On the other hand, diesel drivers are in for a more expensive time at the pumps. Still, the diesel price increase is less frightening than it was just two weeks ago. Who knows, by the time Wednesday rolls around, diesel could experience a price drop too. We can dream, can’t we?
