The SA Central Energy Fund (CEF) said in its forecast for November 2024, Petrol 93 is expected to increase by 13% per litres and Petrol 95 by 15%.
Dr Kaase Gbakon, a Business Analyst at Energy Business Analytircs, said during this time, oil prices are expected to increase and the Rand to weaken against the US Dollar.
The Government notified consumers of fuel price adjustments on Monday.
Petrol 93 and Petrol 95 are both set to increase by 25c a litre.
Diesel (0.05%) will go up by 21 cents a litre and Diesel (0.005%) by 20 cents a litre.
Paraffin is set to increase by 21c a litre and LPG retail gas by 36c per kilogram.