{"id":642774,"date":"2026-03-09T08:24:21","date_gmt":"2026-03-09T08:24:21","guid":{"rendered":"https:\/\/www.europesays.com\/us\/642774\/"},"modified":"2026-03-09T08:24:21","modified_gmt":"2026-03-09T08:24:21","slug":"fuel-prices-could-surge-again-in-april","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/642774\/","title":{"rendered":"Fuel prices could surge again in April"},"content":{"rendered":"<p><p>Petrol could be set to surge again, and your groceries could be next.<\/p>\n<\/p>\n<p>                  <img loading=\"lazy\" decoding=\"async\" alt=\"Petrol attendant fills up a tank with South African flag in the background\" height=\"600\" src=\"https:\/\/www.europesays.com\/us\/wp-content\/uploads\/2026\/03\/Petrol_attendant_fills_up_a_tank_with_South_Af.width-800.png\" width=\"800\"\/><\/p>\n<p>                      Petrol attendant fills up a tank with South African flag in the background\/iStock\/alexis84<\/p>\n<p>Just when South African motorists were starting to breathe a little easier after the fuel price cuts earlier this year\u2026 the universe said,\u00a0\u201cNot so fast.\u201d\u00a0<\/p>\n<p>New data suggests drivers could soon be facing\u00a0another painful spike at the pumps, with petrol and diesel prices expected to climb sharply in April<\/p>\n<p>According to\u00a0BusinessTech, early data from the\u00a0Central Energy Fund\u00a0(CEF) shows a\u00a0massive under-recovery in fuel prices, which usually signals increases in the coming month.<\/p>\n<p>Let\u2019s break down what this means.<\/p>\n<p><b>ALSO READ:\u00a0<a href=\"https:\/\/www.ecr.co.za\/news\/news\/iran-vows-no-surrender-air-strikes-hit-tehran-airport\/\" rel=\"nofollow noopener\" target=\"_blank\">Iran vows no surrender as air strikes hit Tehran airport<\/a><\/b><\/p>\n<p>                  Why fuel prices might spike again<\/p>\n<p>Fuel prices in South Africa are influenced by two major factors:\u00a0The global oil price\u00a0and the rand\/dollar exchange rate<\/p>\n<p>Right now, both are working\u00a0against\u00a0motorists. Data from the CEF at the end of the\u00a0first week of March\u00a0shows:<\/p>\n<ul>\n<li>Petrol under-recovery is around\u00a0R2.40 per litre<\/li>\n<\/ul>\n<ul>\n<li>Diesel under-recovery is\u00a0around R4.50 per litre<\/li>\n<\/ul>\n<p>In simple terms, this means fuel is currently\u00a0cheaper than it should be based on international costs, and prices may need to rise to catch up.<\/p>\n<p>If current trends continue through the rest of the month, South Africa could see a\u00a0complete reversal of the price cuts introduced earlier in the year.<\/p>\n<p>                  Expected fuel price increases (early projections)<\/p>\n<p>Based on current mid-month estimates, motorists could see the following increases in April:<\/p>\n<ul>\n<li>Petrol 93:\u00a0\u2191 about\u00a0R2.28 per litre<\/li>\n<\/ul>\n<ul>\n<li>Petrol 95:\u00a0\u2191 about\u00a0R2.41 per litre<\/li>\n<\/ul>\n<ul>\n<li>Diesel 0.05% (wholesale):\u00a0\u2191 about\u00a0R4.39 per litre<\/li>\n<\/ul>\n<ul>\n<li>Diesel 0.005% (wholesale):\u00a0\u2191 about\u00a0R4.50 per litre<\/li>\n<\/ul>\n<ul>\n<li>Illuminating paraffin:\u00a0\u2191 about\u00a0R6.60 per litre<\/li>\n<\/ul>\n<p>If these projections hold, diesel users (including logistics companies and farmers) could feel the biggest impact.<\/p>\n<p>When diesel prices rise,\u00a0transport costs often increase too, which can eventually push up the price of everyday goods.<\/p>\n<p>It\u2019s essentially a domino effect which could see South Africans struggling to make ends meet.<\/p>\n<p><b>ALSO READ:\u00a0<a href=\"https:\/\/www.ecr.co.za\/shows\/east-coast-breakfast\/2015-vs-2025-south-africas-grocery-prices\/\" rel=\"nofollow noopener\" target=\"_blank\">2015 vs 2025: South Africa\u2019s grocery prices have gone up, up and away!<\/a><\/b><\/p>\n<p>                  What\u2019s causing the surge?<\/p>\n<p>According to reporting by\u00a0BusinessTech, the biggest driver behind the spike is\u00a0geopolitical tension in the Middle East.<\/p>\n<p>The conflict escalated when the\u00a0United States government\u00a0and\u00a0Israel\u00a0launched attacks on\u00a0Iran\u00a0on\u00a028 February 2026.\u00a0<\/p>\n<p>This triggered retaliatory strikes and escalating military action across the region.<\/p>\n<p>Since the Middle East plays a massive role in global oil supply,\u00a0any conflict there tends to rattle oil markets.<\/p>\n<p>As a result, oil prices jumped from about\u00a0$60 per barrel earlier this year to around $85, investors pulled money out of emerging markets and the\u00a0rand weakened from under R16\/$ to around R16.60\/$<\/p>\n<p>                  Could prices still change?<\/p>\n<p>There is still some uncertainty.\u00a0<\/p>\n<p>Fuel price recoveries can change throughout the month depending on movements in the\u00a0oil price\u00a0and changes in the\u00a0rand\/dollar exchange rate.<\/p>\n<p>However, analysts warn that markets\u00a0do not expect the Middle East conflict to end soon.\u00a0<\/p>\n<p>Reports suggest the\u00a0White House\u00a0anticipates\u00a0four to five weeks of military action, with the possibility of it lasting even longer.<\/p>\n<p>If the conflict continues to pressure global markets,\u00a0fuel prices could remain under strain for months.<\/p>\n<p><b>ALSO READ:\u00a0<a href=\"https:\/\/www.ecr.co.za\/news\/news\/oil-prices-surge-mideast-war-rages-stocks-fall-us-jobs\/\" rel=\"nofollow noopener\" target=\"_blank\">Oil prices surge as Mideast war rages, stocks fall on US jobs<\/a><\/b><\/p>\n<p>    <a href=\"https:\/\/iono.fm\/c\/1614\" rel=\"nofollow noopener\" target=\"_blank\"><\/p>\n<p>      <img loading=\"lazy\" decoding=\"async\" alt=\"East Coast Breakfast new podcast banner\" height=\"938\" src=\"https:\/\/www.europesays.com\/us\/wp-content\/uploads\/2026\/03\/breakfast_0091_ECR_-_Visual_Identity_Guide_-_Sh.original.jpg\" width=\"7583\"\/><\/p>\n<p>          East Coast Breakfast new podcast banner \/ ECR Images<\/p>\n<p>    <\/a><\/p>\n<p><b>HOW TO LISTEN TO EAST COAST 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src=\"\/\/www.tiktok.com\/embed.js\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"Petrol could be set to surge again, and your groceries could be next. Petrol attendant fills up a&hellip;\n","protected":false},"author":3,"featured_media":642775,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[12],"tags":[64,273432,273431,273441,273448,273428,273437,273458,79,273455,273429,273446,273449,273439,273442,273438,6087,273444,273457,6088,273443,273450,273433,273436,273435,273447,273445,273430,273440,273427,273454,273434,273451,273426,273452,273453,67,132,68,273456],"class_list":["post-642774","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-businesstech-fuel-report","tag-central-energy-fund-fuel-data","tag-diesel-cost-south-africa","tag-diesel-price-forecast-south-africa","tag-diesel-price-increase-south-africa","tag-diesel-wholesale-price-increase","tag-east-coast-radio","tag-economy","tag-fuel-market-outlook-south-africa","tag-fuel-price-forecast-south-africa","tag-fuel-price-news-south-africa","tag-fuel-price-update-south-africa","tag-fuel-under-recovery-south-africa","tag-global-oil-price-surge","tag-illuminating-paraffin-price-south-africa","tag-iran-war","tag-iran-war-oil-price-impact","tag-israel-us-iran","tag-israel-war","tag-middle-east-conflict-oil-prices","tag-oil-barrel-price-increase","tag-oil-price-impact-south-africa","tag-petrol-93-price-increase","tag-petrol-95-price-increase","tag-petrol-cost-south-africa-2026","tag-petrol-price-forecast-april-south-africa","tag-petrol-price-hike-april","tag-petrol-price-projections","tag-petrol-price-south-africa-april-2026","tag-petrol-price-trends-south-africa","tag-rand-dollar-fuel-price","tag-rand-weakening-fuel-price","tag-south-africa-fuel-price-increase","tag-south-african-motorists-fuel-costs","tag-transport-cost-fuel-increase","tag-united-states","tag-unitedstates","tag-us","tag-us-war"],"share_on_mastodon":{"url":"","error":"Validation failed: Text character limit of 500 exceeded"},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/642774","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=642774"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/642774\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/642775"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=642774"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=642774"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=642774"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}