Motorists are encouraged not to panic buy fuel while awaiting the official fuel price increase for October. The Central Energy Fund (CEF)'s daily figures only indicate the direction in which fuel prices are moving and are not the final, regulated price adjustment. Fuel availability is being monitored.
The Department of Mineral Resources and Petroleum (DMRP), in collaboration with the Fuel Retailers Association of South Africa (Fiasa), says the official October adjustment will be announced after the monthly pricing process has been concluded. International petroleum product prices and the Rand/US dollar exchange rate influence South Africa's fuel prices, while geopolitical developments and disruption of shipping routes can also affect the cost of imported petroleum products.
The department says fuel stock, supplies, imports, refinery operations and logistics are being continuously monitored in collaboration with the industry to ensure fuel availability. Consumers are asked to buy only as much fuel as they normally need. Unusually high demand can place pressure on filling stations and distribution networks and contribute to localised shortages.
The public is encouraged to rely on verified information from the DMRP, CEF and Fiasa and not to respond to unverified messages about the coming price adjustment.
This article is an automatic English translation of a Nuusflits article originally published in Afrikaans. Read the Afrikaans original.
