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Story summary
- South Africa's Central Energy Fund says diesel could rise up to $0.20 per litre in September, with projected increases of R2.73 for 500 ppm fuel and R2.90 for 50 ppm fuel.
- It forecasts under-recoveries of 66 cents for 93 Unleaded and 77 cents for 95 Unleaded, possibly climbing to 80-90 cents by month-end.
- Illuminating paraffin is expected to increase by R2.14 per litre.
- Brent crude traded around $90 per barrel in August, down from $126 earlier.
