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Bad signs for petrol prices in South Africa
Recent Central Energy Fund (CEF) data shows that nearly 90 cents of the over-recovery in petrol prices has been wiped out in the space of a week.
While an overrecovery indicates that fuel prices will drop in the coming month, the sudden swing in overrecovery is concerning and could spell bad news for petrol prices.
Recent Central Energy Fund (CEF) data shows that nearly 90 cents of the over-recovery in petrol prices has been wiped out in the space of a week.
While an overrecovery indicates that fuel prices will drop in the coming month, the sudden swing in overrecovery is concerning and could spell bad news for petrol prices.