Industry News

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31
Dec

Petrol price drop a relief for many

PETROL will go down on Wednesday, Minister of Mineral Resources and Energy Gwede Mantashe announced on Saturday. The price of a litre of 95 will go down by 14 cents, while 93 will drop by 4 cents per litre. Diesel (both 0,05% sulphur and 0,005% sulphur) will increase by 9c per litre. he cost 95 will be R16,16 in Gauteng and R15,52 at the coast, while diesel will cost R14,62…

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30
Dec

Petrol price going down, diesel up in January

Petrol (both 93 ULP and LRP) will go down by 4 cents per litre on Wednesday January 1, Minister of Mineral Resources and Energy Gwede Mantashe announced on Saturday. Petrol (both 95 ULP and LRP) will go down 14 cents per litre. Diesel (both 0.05% sulphur and 0.005% sulphur) will increase by 9 cents per litre. As from January 1, 95 ULP will cost R16.16 in Gauteng and R15.52 at…

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30
Dec

SA likely to see fuel price decline in January – thanks to a stronger rand

South African petrol prices are set to decline by as much as 19 cents in January.  This is predominantly attributed to a stronger Rand which offsets the rise in global Brent Crude oil prices.  The local petrol price is set once a month, and will likely come into effect on January 1.   Visit Business Insider's homepage for more stories. The petrol price could decrease by as much as 19 cents…

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20
Dec

Relief as petrol price it set to drop

Motorists can look forward to a lower petrol price in January, according to current projections, but those filling up with diesel are likely to pay more from the first Wednesday of next month. According to mid-month data released by the Central Energy Fund, the petrol price scenario for the month so far is pointing to a price decrease of 17 cents a litre, although that could change to 20 cents…

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17
Dec

Good news for motorists in the New Year: petrol price set for a decrease in January – AA

After the festive season, motorists will be happy to hear that a fuel price drop is set for the New Year. Petrol and illuminating paraffin are set for price drops in January, while a fractional increase is on the cards for diesel. This is according to the Automobile Association (AA), which based its outlook on unaudited mid-month fuel price data released by the Central Energy Fund. The current picture for January…

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17
Dec

Here is the expected petrol price for January 2020

Mid-month data from the Central Energy Fund (CEF) shows that motorists could be in for a positive start to the new year, with petrol and diesel prices set to drop. The data shows that, should current economic conditions persist, petrol could decrease by between 8 and 17 cents per litre, while diesel is showing a drop of around 2 cents per litre. This is how the expected changes look mid-month:…

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17
Dec

Zimbabwe fuel shortages reach critical levels

HARARE - Zimbabwe's fuel shortages have reached critical levels just less than two weeks before the Christmas holiday. Long winding queues are visible at most fuel stations while most are completely empty. READ: UN to deliver food aid to Zimbabwe, fears 'major crisis' Frustrated and desperate motorists are spending long hours parked at fuel stations. The southern African country is battling its worst economic crisis in a decade, due to a severe…

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04
Dec

PETROL PRICE GOES UP!

FROM Wednesday, petrol price is set to go up by 22 cents a litre. The Department of Mineral Resources and Energy announced a 22 cents increase in both grades of petrol. A litre of 95, which currently costs R16.08, rises to R16.30 a litre in Gauteng. Meanwhile, the price of diesel (0.05% Sulphur) will come down by 14.95 cents, while that of diesel (0.005% Sulphur) will decrease by 15.95 cents…

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04
Dec

Petrol pain at the pumps for motorists over festive season; but diesel set to fall

The retail price of petrol (both 93 and 95) is set to increase by 22 cents a litre on Wednesday, the Department of Energy has announced. Inland, the price of 95 octane unleaded petrol will be R16.30 per litre. At the coast, the price of 95 ULP will be R15.66 per litre. Diesel with 0.05% sulphur content will fall by 14.95 cents per litre, while diesel with sulphur content will fall…

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03
Dec

Petrol price increase on cards for December says AA

Divergence in the international prices of refined fuels have caused an unusual fuel price picture for December. This is according to the Automobile Association (AA), which was commenting on unaudited month-end fuel price data released by the Central Energy Fund. "The rand / US dollar exchange rate has remained fairly flat throughout November, contributing around a six-cent drop per litre. However, the prices of refined petrol and diesel, which usually…

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