Overview
- New CEF data indicate December increases of roughly 19–25c per litre for petrol and 69–88c per litre for diesel.
- Diesel users face the steeper rise, while illuminating paraffin is also projected to climb by about 75–79c per litre.
- Analysts cite higher international product prices, a weaker rand against the dollar, and supply constraints tied to sanctions on Russian oil.
- CEF daily reports show widening under-recoveries across all fuel grades, pointing to sustained cost pressure in the pricing system.
- The DMRE will issue the binding decision by the end of November, with any changes expected to take effect around midnight on Tuesday, 2 December; current inland prices are R20.97/l for 93, R21.12/l for 95, and about R19.13–R19.20/l for diesel.