Johannesburg – South African motorists will be hit with steep fuel price increases next Wednesday (May 2), with petrol set to increase by around 49 cents a litre and diesel by approximately 59 cents. These figures are based on unaudited month-end data released by the Central Energy Fund. This follows the already-steep fuel price hikes…
Petrol price increase at the end of April. The spike in international petroleum prices accounts for nearly the entire rise in fuel prices predicted by the mid-month data. Sad news for motorists is that the petrol price is set to increase once again. Sharp increases in the price of fuels are set to hit motorists…
Brent oil could spike to $80 a barrel if the US and European Union reimpose sanctions on Iran – and as Western powers expand the scope of the Syrian civil war, JPMorgan strategists, led by John Normand, wrote in a note on Friday. “Risks we thought might materialise this summer through Iran sanctions are emerging…
Petrol price for May 2018 – Sharp increases in the landed prices of fuels are set to hit motorists hard at the end of April, according to the Automobile Association (AA). “Petroleum prices were largely flat in the first week of April, but spiked sharply as tensions escalated in Syria,” the AA said, commenting on…
Fuel prices – It’s no secret that a fairly large chunk of the money you spend on fuel at the pumps goes to various levies and taxes, but few realise exactly how much the government takes every time you fill that tank. Thankfully the Automobile Association has, for the third year now, given us an…
Petrol price rise fuel consumer hardship, consumers have been warned to brace themselves for a tough financial year. With the VAT increase for the first time in 25 years having started three days ago, consumers also have to contend with today’s massive petrol price increase. Last month, the petrol price dropped by 36c per litre…
Petrol price increase, motorists need to prepare themselves for a steep hike in petrol prices from April 1, when fuel levies kick in. The international fuel price increase has also affected the increase in petrol prices. This is according to the Automobile Association (AA), citing unaudited month-end fuel price data released by the Central Energy Fund….
Johannesburg – Were it not for the 52 cent increase in fuel taxes that are due to come into effect at the beginning of April, South African motorists would have been looking forward to a slight decrease in the price of fuel from next month. However, now motorists are likely to fork out over 40…
Thirty-seven percent of South African motorists say they will still choose diesel vehicles over petrol vehicles even though recent studies show up to 38,000 people die prematurely as a result of diesel engines exceeding their stated emissions standards. This is one of the findings in a recent survey by the Automobile Association (AA). According to…
Petrol Price Relief. Due to the rand’s positive performance against the dollar, petrol prices have decreased for the month of March according to the Department of Energy. The Department of Energy announced that the rand has appreciated against the US dollar (from R12.20 to R11.82 per US dollar) during the period under review. As a result,…
