More fuel price pain ahead: Steep petrol and diesel price increases predicted for September
- Petrol and diesel prices are expected to increase sharply in September.
- The latest snapshot from the Central Energy Fund (CEF) is pointing to steep diesel price increases in the region of R2.73 for 500ppm and R2.90 for 50ppm.
- Analysts predict a gradual softening of international oil prices, with JP Morgan predicting an average of around $86 for Brent in the third quarter of this year.
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