More bad news at the pumps this March!

Amid ever-increasing financial pressure on consumers, there appears to be yet another fuel price increase coming in March 2024. Here's what we know.

Sean Nurse

15 Feb 2024 · 10:20Automotive News1 min read

Local consumers can expect the fuel price to nudge closer to the record highs of July 2022 when the price of all grades increases in March 2024. With 95 octane petrol is set to increase by R1.35 per litre, 93 octane is expected to climb by R1.31 per litre, diesel by between R1.43 per litre and R1.59 per litre and illuminating paraffin by 96cents a litre.

International oil prices play a significant role in the expected fuel increases, and, to a lesser extent, the Rand/US Dollar exchange rate contributes marginally.

Written by Sean Nurse

With a lifelong passion for cars, bikes, and motorsport, Sean knew that attaining a degree in journalism would allow him to pursue his passion, which was to be a motoring journalist. After graduating in 2012, Sean was awarded a bursary from the SAGMJ which allowed him to work for a variety of motoring publications. This was a dream come true for Sean, and after a year of gaining vital industry experience, he was hired as a motoring journalist at a local newspaper and worked his way up to editor. In 2020, Sean joined the AutoTrader team and counts himself lucky to wake up and genuinely love what he does for a living.Read more