crude oil
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How South Africa’s fuel price is calculated: A breakdown
South Africa’s fuel prices are influenced by global oil prices, exchange rates, and local transport costs, taxes, and regulations.
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Ramaphosa forms task team to tackle looming 50% fuel price surge
President Cyril Ramaphosa has established a ministerial task team to mitigate the impact of a fuel price increase set for 1 April, as South Africa braces for what could be…
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Diesel prices soar at filling stations before official April increase
Consumers have reacted strongly to rising diesel prices, anticipating further increases in April, despite no official announcement yet.
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Diesel shortages hit Western Cape farms as global fuel pressures mount
South Africa’s agricultural sector is facing critical diesel supply disruptions at retail level, despite national fuel stocks remaining stable.
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Oil price shock sends shockwaves through global markets
Geopolitical conflicts have surged oil prices, triggered inflation fears, and intensified market volatility, impacting investors worldwide and highlighting the dollar’s strength.
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Middle East war fuels fears of new oil crisis
Geopolitical tensions are raising oil prices, prompting concerns of a new oil crisis, though experts suggest it’s premature to classify it as such.
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AfriForum urges finance minister to cut fuel levy amid Middle East crisis
Civil rights organisation AfriForum has called on finance minister Enoch Godongwana to implement a fuel levy decrease rather than proceed with planned increases.
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Fuel price shock expected for April as Middle East conflict drives oil surge
Motorists are facing a nightmare outlook for April, with mid-month data from the Central Energy Fund indicating steep hikes for petrol and diesel.
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Middle East oil shock ‘largest’ in history as Iran hits new Gulf targets
The Middle East war has caused the biggest oil supply shock in history, with prices spiking above $100 a barrel.
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Oil prices surge past $100 as Middle East war triggers global economic crisis
Oil prices surged past $100 a barrel on Wednesday as the escalating Middle East conflict triggered widespread disruptions to global energy markets and prompted emergency responses from governments worldwide.
