Motorists may soon see some relief at the pumps as the Department of Mineral and Petroleum Resources continues discussions aimed at easing fuel price pressures.
The department confirmed that options for additional fuel price relief remain under consideration, with engagements ongoing as authorities monitor developments in the energy market.
According to mid-month data from the Central Energy Fund, current projections indicate a possible under-recovery of up to R3 per litre for petrol and more than R9 per litre for diesel. This raises the likelihood of significant fuel price increases in May.
A diesel hike of this magnitude would push wholesale prices beyond R35 per litre, surpassing record levels recorded in April.
The department attributed the rising costs to elevated global oil prices, a weaker rand, and increased reliance on fuel imports. While fuel supply remains stable, officials emphasised that affordability continues to be the primary concern for both government and consumers.