Petrol Price

  • Why the oil price is set to slide
  • At the rate, the rand is weakening, and with a stronger oil price, we could see R20 petrol by end of 2018. At least that's what some economists are saying. But if it happens, it won't be due to the oil price. In fact, I foresee that the oil price is in for a dip soon… You my be interested in...   Get started with as little as R500 a month And it... ››› more
  • [04 July 2018]
  • The petrol price is heading up again tonight - Increase your income today
  • Times are tough and they're only going to get worse. According to the department of energy, you can expect the price of petrol to go up by at least 11 cents per litre tonight. Diesel will increase by 42 cents per litre. The price of paraffin is going up by 43 cent per litre. The main reason for the fuel price increase is related to the fact that petroleum product prices are going up. Fortunatel... ››› more
  • [05 July 2016]
  • Fuel prices will be cheaper at the pump come Wednesday
  • On Saturday, the Department of Energy announced its changes to the prices of fuel for November. It revealed good news for motorists as both the petrol price and the diesel price will fall. Let's take a closer look… Fuel prices fall all round   On 4 November, the “price of all grades of petrol [and] the wholesale price of both grades of diesel” will fall, reports Fin24. T... ››› more
  • [02 November 2015]
  • It's a mixed bag for fuel prices this month with diesel users hardest hit
  • On Friday, the Department of Energy announced what was in store for fuel prices this month. The department revealed that prices would move up and down, it all depends on what fuel you use. Let's take a closer look… What’s going on with fuel prices? The Department of Energy said that users of 93 grade petrol will see the price fall by 2c a litre from Wednesday, reports Fin24. On ... ››› more
  • [05 October 2015]
  • Despite the rand's tumble, the petrol price is dropping again on Wednesday
  • On 2 September, motorists can look forward to paying less at the pumps for both petrol and diesel. This brings the second consecutive month of cuts to the petrol price. So what is behind a drop in the price of petrol and other fuels? Let's take a closer look… The petrol price will fall by 69c a litre On Friday, the Department of Energy revealed that from Wednesday, the petrol p... ››› more
  • [31 August 2015]
  • Oil sinks to wallow around a six-year low… Here's what it means for you
  • Since July, the oil price has been falling again. And it looks like it is on track to hit six year lows. So why is the oil price under so much pressure again? And what does it mean for you? Read on to find out… What’s going on with the oil price? From the middle of last year, the oil price started to fall. After Brent crude hit $46 a barrel in the middle of January this year, th... ››› more
  • [18 August 2015]
  • The petrol price and inflation could benefit from a lower oil price
  • At the beginning of the week, the price of crude oil fell below $50 a barrel for the first time since February. The oil price has been under severe pressure lately. This could translate into good news for the price of petrol in South Africa. This would have a positive impact on inflation. Let's take a closer look at what's going on… The oil price clawed back some losses This morni... ››› more
  • [05 August 2015]
  • Prepare for cheaper fuel at the pumps tomorrow
  • From midnight, a fall in the price of petrol will offset the hike seen at the beginning of July. International oil prices have helped to lower the cost of petrol in spite of the rand's weakening trend. Let's take a closer look at what's going on… The petrol price is falling more than forecast Two weeks ago, data released by the Central Energy Fund suggested that a petrol price dro... ››› more
  • [04 August 2015]
  • Could the petrol price be set to fall at the beginning of August?
  • The oil price has come down over the month so far. This is raising hopes that the petrol price will follow after hikes over the past few months. But the Automobile Association (AA) warns against motorists pinning hopes on the petrol price coming down as the rand continues to trade at weak levels against the dollar. Let's take a closer look at what could lie in store for the price of petrol a... ››› more
  • [21 July 2015]
  • Motorists face another whopping hike to the petrol price this week
  • After contending with a 49c a litre hike at the start of this month, the beginning of July brings another large petrol price rise. The Department of Energy confirmed the increase on Friday afternoon. Let's take a closer look at what's behind the hike and how much more you'll be paying at the pump… The petrol price is rising between 41c and 44c From Wednesday, the petrol price is r... ››› more
  • [29 June 2015]
  • The petrol price will jump 47c a litre higher on Wednesday
  • On Friday, the Department of Energy revealed its new fuel pricing for the month of June. This will come into effect on Wednesday. The price of petrol and the price of diesel are both increasing significantly. So why is the fuel price increasing so much? Read on to find out… Fuel prices are on the rise again Last month, there was some respite for motorists as the petrol price st... ››› more
  • [01 June 2015]
  • The petrol price remains unchanged for May
  • At the end of last week, the Department of Energy revealed the prices for petrol and diesel for the month ahead. There's very little changing with what motorists will be paying at the pump from this Wednesday. Let's take a closer look at what's in store… The diesel price is to drop 5c a litre From Wednesday, the petrol price will remain unchanged, says Fin24. The price of diesel w... ››› more
  • [04 May 2015]
  • Motorists beware: The petrol price is rising a hefty R1.62 a litre on Wednesday
  • This afternoon, the Department of Energy announced a hefty hike in the price of petrol and diesel. This is thanks to a rising oil price and a weak rand. But what's making it even worse is the additional fuel levies the finance minister announced at the budget last month. Let's take a closer look at how much more you're going to pay at the start of April… The petrol price is on the ri... ››› more
  • [27 March 2015]
  • Brace yourself: Fuel and electricity are going to cost you more from 1 April
  • After motorists endured the first petrol hike in several months on 4 March, paying more at the pumps looks inevitable come next Wednesday. And to make matters worse, some customers will see a significant rise in their electricity bills. So what sort of price hikes lie ahead? Read on to find out… How much more is fuel going to cost? At the beginning of this month, motorists saw ... ››› more
  • [23 March 2015]
  • Motorists prepare for a hefty petrol price hike on Wednesday
  • Recently, motorists have looked forward to the first Wednesday of the month when the new fuel price comes into effect. For months, it's been trending downwards. But change is afoot this week. On Wednesday, motorists will have to cough up significantly more for a litre of petrol or diesel. And motorists have further hikes to prepare themselves for in the months ahead. So how much more ... ››› more
  • [02 March 2015]
  • Consumer inflation drops nearly 1% on significant fuel price cuts
  • Earlier today, Stats SA released its consumer inflation data for January. The data showed that inflation eased sharply from December to January. The main factor behind the drop in inflation was the lower fuel price. Let's take a closer look at what the data showed… Consumer inflation for January came in at 4.4% Consumer inflation, as measured by the consumer price index (CPI), “... ››› more
  • [18 February 2015]
  • Motorists should prepare for a petrol price hike in two weeks
  • Over the past couple of weeks, the oil price has broken from its downward spiral and been rapidly rising. This along with a weak rand is pointing to a hike in the fuel price in the first week of March. Let's take a closer look at what motorists could be paying at the pump in two weeks' time… Petrol price cuts look over for now Yesterday, the Automobile Association (AA) warned moto... ››› more
  • [18 February 2015]
  • The oil price is steadily creeping higher… Is the bull market back?
  • After shedding over 50% of its price in just over six months, the price of Brent crude is starting to climb again. So what's behind this climb in the oil price? And what does this mean for oil companies? Let's take a closer look… The oil price has risen over 20% in the past week Since the middle of January, the oil price has been starting to climb again. Is this the return of a bu... ››› more
  • [11 February 2015]
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