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    Fuel could reach record highs in April

    The Automobile Association (AA) says it expects a further hefty hike in fuel prices in April with 95 ULP heading into record territory when the Department of Mineral Resources and Energy makes the official adjustment next Wednesday. The AA was commenting on unaudited month-end fuel price data released by the Central Energy Fund. The additional […] More

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    Fuel prices higher on ominous oil

    South African fuel users are set to be hit with yet more steep price hikes going into March. 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 Association says although the Rand performed well against the US dollar during February, […] More

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    Petrol down, diesel up for December

    Fuel price changes for December will depend on what fuel you use. This is according to the Automobile Association (AA), which was commenting on unaudited month-end fuel price data released by the Central Energy Fund. Petrol is slated to fall by around 27 cents a litre, while diesel’s price increase has been contained to around […] More

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    Welcome fuel surprise as oil retreats

    Ongoing declines in the price of oil since the second week of the year will give South African fuel users a breather for February. This is according to the Automobile Association (AA), which was commenting on unaudited month-end fuel price data released by the Central Energy Fund. “Rising tensions between the USA and Iran in […] More

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    Petrol up, diesel down for December

    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 […] More

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    Mixed picture again for fuel price

    Fuel prices for August are set for changes with petrol up and diesel down. This is according to the Automobile Association (AA), which was commenting on unaudited month-end fuel price data released by the Central Energy Fund. “International oil prices have steadily trended upwards since the start of June, although there has been a slight […] More

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    Petrol price ominous, diesel flat

    Unexpectedly strong international fuel prices have raised the spectre of an unwelcome fuel price hike for petrol users at the end of April. This is according to the Automobile Association (AA), which was commenting on unaudited mid-month fuel price data released by the Central Energy Fund. The current data suggests that petrol may increase by […] More

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    Mixed fuel picture for February

    Petrol up, diesel down in February. This is according to the Automobile Association (AA), which was commenting on unaudited month-end fuel price data released by the Central Energy Fund. “International oil prices have reached a slightly higher plateau after climbing in the first half of January,” the AA says. “Over the same period, the Rand […] More

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    Huge fuel drop, but levy impacts unknown

    Massive fuel price reductions are expected for December, but these could be tempered by adjustments in the retail and wholesale margin, and the possible continued use of the Slate Levy. This is according to the Automobile Association (AA), which was commenting on unaudited month-end fuel price data released by the Central Energy Fund (CEF). “The […] More

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    Petrol down, diesel up for November

    Fuel prices have moderated during October, with the prospect of some relief for petrol users, although users of diesel and illuminating paraffin will have to cough up more. 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 exchange rate started […] More

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    Further strain on consumers as fuel prices are set to hit a record high in Oct 2018

    by Paul Makube, Senior Agricultural economist at FNB Agri-Business After a brief hiatus with the government absorbing about R500 million of the fuel hike and only allowing 5 cents increase in September, the situation has deteriorated with the recent announcement by the Department of Energy (DoE) report showing that petrol prices will jump by 99 […] More

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    Monster fuel hikes ahead

    Mid-month unaudited data from the Central Energy Fund (CEF) is predicting the biggest fuel price hike in South Africa’s history by some margin. This is according to the Automobile Association (AA) which has monitored the fuel price data from 1 September to date. “A spike in international oil prices and a huge swing in the […] More

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