Fuel Prices Expected to Rise Again in May as Global Pressures Persist

According to early estimates from the Central Energy Fund (CEF), petrol prices could jump by roughly R4.70 per litre, while diesel — already punishing — may skyrocket by as much as R13.07. That’s on top of April’s increases, which saw petrol climb by R3 and diesel surge by a staggering R7.06.

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April 08, 2026 92 total views 90 unique views
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Fuel Prices Expected to Rise Again in May as Global Pressures Persist

Johannesburg – April 8, 2026



South African motorists may face another increase in fuel prices in May, according to early projections from the Central Energy Fund (CEF).



Preliminary data suggests that petrol prices could increase by approximately R4.70 per litre, while diesel may rise by as much as R13.07. These potential increases would follow April’s adjustments, which saw petrol prices rise by around R3 and diesel by R7.06.



Global and Local Factors Driving Prices



Fuel price movements in South Africa are influenced by a combination of international and domestic factors. The CEF has indicated that rising global oil prices — with Brent crude trading above $100 per barrel — are a key contributor.



In addition, ongoing uncertainty around global shipping routes, including the Strait of Hormuz, continues to affect supply costs. A weaker rand has also added pressure by increasing the cost of importing fuel.



Impact of Fuel Levy Adjustments



Ahead of April’s price changes, the National Treasury introduced a temporary R3 per litre reduction in the general fuel levy to help ease the burden on consumers.



While this measure provided some short-term relief, overall fuel prices still increased, reflecting the broader impact of global market conditions and currency fluctuations.



Regional Supply Context



South Africa sources fuel through a mix of imports and regional supply channels, including partnerships within Africa. However, local prices remain linked to international benchmarks, meaning global oil price trends continue to play a significant role in determining costs at the pump.



Current Price Levels



At present, petrol 93 is priced at approximately R23.25 inland, while petrol 95 is around R23.36. Diesel prices range between R25 and R26 per litre inland.



Illuminating paraffin, which is widely used in lower-income households, has also seen notable increases and may rise further if current trends continue.



Outlook for Consumers



If current projections hold, motorists could face additional financial pressure in the coming months. Energy analysts note that fuel prices are likely to remain sensitive to global oil market developments, exchange rate movements, and geopolitical conditions.



As the situation evolves, official price adjustments for May will be confirmed closer to the end of April.

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