Expected 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 unaudited mid-month data released by the Central Energy Fund. “The Middle East lies near many of the world’s key oil producers, and petroleum prices have historically been sensitive to instability in the region.” The rand also weakened slightly against the US dollar in the first half of April, the AA said, […]

Continue reading

Steep jump in petrol price from Wednesday

Cape Town – The price of petrol will increase by 67c a litre from next Wednesday, while the price of diesel will be 44c a litre more, the Department of Energy said on Sunday. Energy Minister Mamoloko Kubayi said the rand/US dollar exchange rate and the prices of petroleum products in the international markets are the main contributing factors for the September price hike. “The Rand depreciated, on average, against the US dollar during the period under review.” In addition, there was an increase in the crude oil prices coupled with a weaker rand, massive floods caused by the storm […]

Continue reading

Petrolprys styg skerp in Mei

Source: Netwerk24 Petrolpryse kan in Mei met sowat 60c per liter styg en dieselpryse met meer as 40c. Petrolpryse kan in Mei met sowat 60c per liter styg en dieselpryse met meer as 40c. Ná die daling in die brandstofpryse in April wat veral Paasvakansiegangers gehelp het om hul begroting te laat klop, word ’n skokstyging in Mei verwag. Dié styging word voor die deur van die onlangse afgradering van Suid-Afrika se buitelandse skuld tot rommelstatus gelê. Petrolpryse kan in Mei met sowat 60c per liter styg en dieselpryse met meer as 40c as die huidige markfaktore die res van […]

Continue reading