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Fuel Price

  • 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]
  • Consumer inflation eases slightly in August thanks to a lower oil price
  • Earlier today, Stats SA released its consumer inflation data for last month. The consumer price index (CPI) showed that inflation eased slightly on an annual basis. The upward pressures on inflation have subsided thanks to a lower oil price, which led to lower fuel prices. Let's take a closer look at what the data revealed… Consumer inflation comes in at 4.6% for August Consumer i... ››› more
  • [23 September 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]
  • 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]
  • Consumer inflation inches higher for the first time since September 2014
  • Earlier today, Stats SA released its consumer inflation data for March. For the first time since September last year, the rate of inflation rose. But the rise was slightly less than economists forecast before release of the data. Let's take a closer look at what the data revealed… Consumer inflation rose to 4% in March Consumer inflation, as measured by the consumer price index (C... ››› more
  • [22 April 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]
  • Producer inflation falls by nearly 1% in February thanks to lower fuel prices
  • Earlier today, Stats SA released its producer inflation data for last month. The economic indicator, as measured by the producer price index (PPI), fell sharply again as lower fuel prices continued to benefit producers. Let's take a closer look at what the data revealed… Producer inflation slows to 2.6% Over the month of February, “producer price inflation slowed to 2.6% year-o... ››› more
  • [26 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]
  • A strong dollar puts pressure on the oil price
  • After staging a bit of a recovery this year, the oil price has dipped back below $60 a barrel again. On Friday, the US released its non-farm payrolls data. The figures came in much better than forecast and this spurred the dollar stronger, denting oil's gains. Let's take a closer look at what's going on… The oil price has ebbed lower over the past week This morning, “Brent crude... ››› more
  • [09 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]
  • What today's budget means for you
  • Earlier today, finance minister Nhlanhla Nene gave his first full budget speech. So what impact will today's budget have on you and your pocket? Let's take a closer look… The fuel price will rise 80.5c thanks to levy hikes Over recent months, motorists have benefitted from the falling oil price. This has resulted in significant cuts to the fuel price. But the finance minister took... ››› more
  • [25 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]
  • Another hefty petrol price cut could be just two weeks away
  • With the oil price continuing to languish below $50 a barrel, speculation over what will happen with the petrol price at the start of next month is growing. At the start of this month, motorists welcomed a R1.27 a litre cut off the price of petrol. And even though another cut may not be as large at the beginning of February, it could still be significant. Let's take a closer look at what cou... ››› more
  • [22 January 2015]
  • The New Year brings an even lower oil price with it
  • After the slide in the oil price last year, few could have anticipated the further fall in price. But as the first trading week of 2015 gets underway, the price of Brent crude oil has continued to fall. So why is the price of oil continuing to slide? Let's take a closer look… The oil price hits a five-and-a-half year low The oil price is still under pressure as it hit a five-an... ››› more
  • [05 January 2015]
  • The petrol price will drop R1.27 come midnight tomorrow
  • Over the festive period, it's easy to overindulge and spend more than you planned. But some respite is on the cards for motorists. Tomorrow night sees a significant drop in the petrol price. So what has led to this large drop in the petrol price? And how much can you look forward to saving? Let's take a closer look… The local petrol price is benefitting from a slump in the oil pr... ››› more
  • [05 January 2015]
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