Warning: Attempt to read property "geoplugin_countryCode" on null in /usr/www/users/newssdunhw/wp-content/plugins/page-visit-counter/public/class-page-visit-counter-public.php on line 227 Here is the expected petrol price for May - Newssnatch

Here is the expected petrol price for May

Mid month data published by the Central Energy Fund points to yet another petrol price hike in May – though it will be at lower level than recorded over the last few months.

Here is the expected petrol price for May

Here is the expected petrol price for May photo credit: canva

Mid month data published by the Central Energy Fund points to yet another petrol price hike in May – though it will be at lower level than recorded over the last few months.

Prices expected to rise

The CEF data shows an under-recovery for both 93 and 95 petrol with prices expected to rise between one and six cents per litre. Diesel drivers can expect a reprieve from price hikes, with the data showing an over-recovery for 0.05% and 0.005% at around 32 cents per litre.

• Petrol 95: increase of 6 cents per litre;
• Petrol 93: increase of 1 cent per litre;
• Diesel 0.05%: decrease of 31 cents per litre;
• Diesel 0.005%: decrease of 32 cents per litre;
• Illuminating Paraffin: decrease of 26 cents per litre.

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