It’s been a bit of a whirlwind where the petrol price predictions for August are concerned. Not even two weeks ago, the Central Energy Fund (CEF) was teasing yet another price decrease for both petrol and diesel. Now, we’re not so sure. The energy company’s latest fuel price snapshot paints a worrying picture for the price of petrol.
Not looking good
Of course, the figures represented below are not final and subject to change. The CEF, in conjunction with the Department of Mineral and Petroleum Resources (DMPR), looks at the economic factors — like the average Rand/US Dollar exchange rate and the price of oil globally — that influence the price of fuel locally, and arrives at an accurate predictive figure ahead of the official adjustments. Those will take place on Wednesday, 5 August.
With the way things are going over in the US, there’s a good chance the predictions will continue to degrade. If we’re lucky, the DMPR will knock a few cents off the price of fuel, and that’ll be that. Diesel won’t be so lucky, with the latest snapshot (captured on 16 July) predicting a one-cent increase at the very least.
Here are the petrol and diesel price predictions (so far) for August 2026:
- Petrol 93: decrease of 107 cents per litre (R1.07)
- Petrol 95: decrease of 103 cents per litre (R1.03)
- Diesel 0.05%: increase of 1 cent per litre (R0.01)
- Diesel 0.005%: decrease of 24 cents per litre (R0.24)
- Illuminating Paraffin: decrease of 22 cents per litre (R0.22)
