Mixed outlook for fuel prices this October

JOHANNESBURG - Fuel prices are set for mixed changes next month.

The latest Central Energy Fund data shows an under-recovery on petrol of about 17 cents a litre.

This means pump prices are currently below cost, which could lead to a petrol price increase soon.

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At the same time, diesel and illuminating paraffin are showing over-recoveries of around nine to 13 cents a litre, suggesting their prices may drop or remain the same.

Fluctuations in global oil prices and the rand exchange rate will continue to influence fuel costs for consumers.