The department of mineral and petroleum resources cited a stronger rand and lower international refined product costs
South Africa’s long-squeezed motorists might find fresh relief next month as recent datafrom the Central Energy Fund (CEF) data points to meaningful fuel price cuts in February — a rare bright spot in a world rattled by geopolitical theatrics and jittery oil markets. In an unexpected twist, the rand has staged its strongest run in […]
From Wednesday, 95-grade unleaded petrol will cost R21.59 per litre in Gauteng and R20.76 in coastal areas
The mineral and petroleum resources department attributed this to a lower average Brent crude oil price and firmer rand during the period under review
The department of mineral and petroleum resources cited a higher crude oil price and a weaker rand
Data from the energy fund warns of a significant increase for all grades of fuel
The Department of Mineral Resources and Energy said the drop is due to lower international crude oil prices
The mineral resources and energy department said fuel prices would be lower this month partly because of the drop in the average price of Brent crude oil
The change brings the price of a litre of 95-grade unleaded petrol in South Africa’s inland areas to R24.54 a litre
The change brings the price of a litre of 95 unleaded petrol in South Africa’s inland areas to R22.83 per litre
The price of diesel is, however, set to increase, further fuelling inflation
The change brings the price of a litre of 95 unleaded petrol in South Africa’s inland areas down to R22.63 per litre from Wednesday
Why must motorists wait hours to refuel if there is plenty of petrol? For the answer, follow the money
The service isn’t growing as it should because of the pandemic, rising unemployment, fewer visits to malls and more people working from home
Motor trade sales increased by 16.6% in December with the biggest contributors being new vehicle sales, fuel sales and workshop income
The reopening of the Chinese economy has prompted a large demand for oil, pushing domestic fuel prices higher
With its tobacco dollars going up in smoke, the country is struggling to keep its petrol-starved cars on the road
The department of mineral resources and energy said the new fuel prices would come into effect on Wednesday
Rival labour federation Cosatu has also called for a national protest
The steep increase is despite the treasury’s decision extend the reduction in the general fuel levy by 75 cents a litre
The retail price of petrol will rise by up to R2.43 a litre from Wednesday
Not only is it possible to switch to renewables, but it’s also cheaper and would make economies less vulnerable. Yet, bizarrely, politicians and the fossil fuel industry, who are using the war on Ukraine to justify high gas prices, are now calling for more oil to be produced
Ahead of travel season, Wednesday’s fuel price hike will push the price of petrol – around R19.50 a litre – to above R20 in Gauteng and other inland provinces
Desperate motorists queued up at fuel pumps across Britain, draining tanks, fraying tempers and prompting calls for the government to use emergency powers to give priority access to healthcare and other essential workers
In the absence of mechanisms to recoup investment into cleaner fuels, refineries may be faced with tough decisions
Higher international oil prices, for example, could affect local transport costs through second-round effects
Restrictions are likely to affect people who consume fuel for uses such as running generators to power medical equipment, says the Automobile Association
But higher petrol and electricity prices are expected to drive up price inflation throughout the economy
Economists question the manner in which the transitional government partially cut fuel subsidies
The company’s share price rose more than 12% in morning trading on Monday when its joint chief executives resigned
The AA forecasts 95 octane will drop by 5 cents a litre and 93 octane by 20 cents
After jumps in the price of petrol and diesel, the AA expects a big drop next month