On Wednesday, 1 October, the Department of Mineral Resources and Energy (DMRE) will officially adjust the country’s petrol, diesel, and paraffin prices — though we should mention that it hasn’t announced what these will look like yet. That’ll most likely come later today or tomorrow, leaving those affected plenty of time to make their way to the nearest garage before that time. Fortunately, most drivers will want to wait ’til Wednesday.

Keep those fingers crossed, petrol drivers

According to data captured by the Central Energy Fund (CEF) late last week, it appears that only some petrol buyers will face a relatively minor price hike, while the rest of the fuel grades will be treated to similarly minor price decreases. You won’t hear us complaining anytime soon, particularly after the CEF’s predictions last week told a different, more expensive story for South Africa’s petrol drivers.

While the official adjustments from the DMRE may not match the CEF’s figures below exactly, they will likely turn out to be very similar. The CEF arrives at the figures below by looking at the economic factors that can influence the price of fuel. It comes to a daily conclusion based on the average Rand/US Dollar exchange rate and the average international price of oil over any given period in the past month.