AA calls for government to urgently review fuel prices - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

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The Automobile Association says government needs to urgently review fuel prices in the country. This as petrol is set to increase by R2.37 per litre increase, while diesel while diesel will increase by R2.30 per litre. PetrolDieselPriceHike

Spokesperson of the Automobile Association of South Africa Layton Beard says government needs to urgently reviewHis comments come as the Department of Mineral Resources and Energy announced a R2.37 per litre increase in the price of petrol, while diesel is set to increase by R2.30 per litre, and the price of illuminating paraffin will increase by R1.66 per litre from Wednesday.

Higher fuel prices have been pushed up by a weaker rand/dollar exchange rate, rising Brent Crude Oil prices on the back of the conflict between Russia and Ukraine, and rising demand in China, among other factors.as relief for struggling consumers“The major increase to the fuel price remains the increase to international petroleum and that is being driven by the conflict in Ukraine which is contributing to supply and demand pressures.

Motorists have had to grapple with sharply rising fuel prices since the beginning of the year. Fuel prices have increased by 20% since January, and over 40% this year compared to the same period last year. Department of Energy’s Robert Maake says the government has done what it can in terms of the relief on the fuel levy:

Source: News Formal (newsformal.com)

 

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