Motorists brace for sharp fuel price hike in September
South African motorists face another painful fuel-price shock in September, with significant price hikes for petrol and diesel predicted.
South African motorists are bracing for significant fuel price hikes in September, driven by the ongoing conflict in the Middle East. Central Energy Fund data suggests petrol prices may rise by 80 cents for 93 Unleaded and 90 cents for 95 Unleaded. Diesel prices could surge by around R2.85 for 500ppm and R3.05 for 50ppm, potentially increasing further.
Paraffin prices are also expected to climb by approximately R2.23. Since March, the price of 95 Unleaded has jumped from R19.47 to R24.71, peaking at R27.19 in June, while diesel prices have risen from R17.70 to R25.30, hitting R30.30 in May. Although international oil markets have stabilized, Brent crude oil is still trading around $90 per barrel, well above pre-war levels of $70.
Experts predict a gradual decline in international oil prices, with JP Morgan forecasting an average of $86 for Brent in Q3 2025, dropping to $80 in Q4 and $78 in 2027.
Written by urgent.news from IOL's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
