SOUTH AFRICA – Fuel prices are showing slight reductions at mid-month, in the midst of a tug-of-war between international oil prices and the Rand/US dollar exchange rate. This is according to the Automobile Association (AA), which was commenting on unaudited mid-month fuel price data released by the Central Energy Fund. Petrol is currently set for […]
International crude oil prices have continued to advance, setting the stage for extraordinary fuel price hikes despite Rand strength during June. This is according to the Automobile Association which was commenting on unaudited month-end fuel price data released by the Central Energy Fund. “The rebound in international oil prices has been as remarkable as their […]
Oil is continuing its march back towards its previous levels in the first half of June, setting the scene for further hefty fuel price hikes going into July. This is the view from the Automobile Association, in its commentary on unaudited mid-month fuel price data released by the Central Energy Fund. Based on current figures, […]
South Africa’s fuel price is comprised of many different elements, some of which make fuel in the country more expensive than that in neighbouring countries to which South Africa exports. The AA publishes an annual breakdown of the fuel price to give South African consumers and motorists a snapshot of the cost composition of every […]
While the price of petrol is expected to increase by 50 cents per litre, diesel is setting the opposite trend and is predicted to decline by 56c per litre by next month. This according to the Automobile Association (AA) commenting on the latest unaudited mid-month fuel price data released by the Central Energy Fund. “In […]