Small drop in fuel prices in March, increased taxes and levies in April will likely be offset by a price decrease.

There will be a small price drop in both petrol and diesel from March 1. Petrol will drop by 8c/l and diesel by 2c/l. The averaging nature of the formula and the current trend in the Rand mean that already we can forecast a price drop in April with 75% confidence to offset the 39c/l increase due to taxes and levies.

Read more here Petrol Price Forecast Press Release 24022017(b)