BIG PETROL PRICE INCREASE COMING FOR MARCH 2019
South African motorists can brace themselves for the first 'real' petrol increase of 2019.
The price of petrol is expected to increase by 43 cents per litre in March, said the AA.
Commenting on unaudited mid-month fuel price data from the the Central Energy Fund, it said oil prices have increased steadily in February.
“At the same time, the rand has been on a weakening trend against the US dollar since the start of February,” said the AA.
Its predictions for fuel prices are:
“If the trendlines for oil and the rand don’t flatten out, there could be worse to come before month end,” it concluded.