Fuel price increases on the horizon, despite January decrease

2022-01-09 12:49:00 PM

Fuel price increases on the horizon, despite January decrease

Fuel price increases on the horizon, despite January decrease

The new 'lower' petrol price is still some 32% higher than in January 2021.

SOUTH AFRICA

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Fuel prices decrease, but outlook not goodGeneral consensus is that oil prices will remain at current levels for a few months, at best, and then start to increase again. MoneywebNews FuelPrices PetrolPrices

Fuel prices decrease, but outlook not goodGeneral consensus is that oil prices will remain at current levels for a few months, at best, and then start to increase again. MoneywebNews FuelPrices PetrolPrices

How much it costs to drive South Africa’s most popular cars right nowJanuary has provided some good news for motorists in South Africa with across-the-board reductions in fuel prices, introduced earlier this week.

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Competitions SOUTH AFRICA ","category_class":"child-of-news","time_ago":"16 mins ago","premium":false,"gallery":false,"excerpt":"Colonel Beauty Marivate is being laid to rest today.The decrease in fuel prices for January is as welcome as the increase in December 2021 were unwelcome.The decrease in fuel prices for January is as welcome as the increase in December 2021 were unwelcome.The price of petrol dropped by between 68 and 71 cents a litre, with diesel down by between 67.

","format":false,"media":"","oovvuu":"","oovvuu_div":"","external_link_url":""},{"id":2954204,"name":"WATCH LIVE: Funeral service for Emalahleni mayor Linah Malatjie and husband","permalink":"https:\/\/www.citizen. General consensus is that oil prices will remain at current levels for a few months, at best, and then start to increase again.co. Read: DMRE’s petrol price blunder: December hike actually 75c/l The Automobile Association (AA) noted in commentary to the recent fuel price announcement by the Department of Mineral Resources and Energy that oil prices were slightly lower during the first few weeks of December, while the rand was slightly stronger.za\/news\/south-africa\/government\/2954204\/watch-live-funeral-service-for-emalahleni-mayor-linah-malatjie-and-husband\/","image_src":"https:\/\/media. “The rand has strengthened against the US dollar, pulling away from the lows of mid-December when worries mounted over the economic impact of travel bans imposed as the Omicron variant of Covid-19 swept the world,” says the AA.citizen. “We were pleased that our calls in this regard have reached the ears of the minister of finance, Mr Enoch Godongwana.

co.88 mark, some forty cents stronger than its mid-December low.88 mark, some forty cents stronger than its mid-December low.za\/wp-content\/uploads\/2022\/01\/Linah-Malatje-executive-mayor-1-300x200.jpg","image_src_hero":"https:\/\/media. The AA noted that higher infection rates in the northern hemisphere may lead to lower consumer and industrial demand for petroleum products, as was seen in the initial waves of Covid-19 in 2020 especially.citizen. “This could lead to a depressed oil price in the short to medium term.co. If so, that would bring some relief to South African fuel users… “However, this should not distract from the fact that the current fuel prices are still far in excess of what South Africans were paying just a few months ago,” it warns.

za\/wp-content\/uploads\/2022\/01\/Linah-Malatje-executive-mayor-1-825x550.jpg","image_src_narrow":"https:\/\/media.8c and 69.8c and 69.citizen.co. These reductions put the inland price of 93 octane petrol at R19.za\/wp-content\/uploads\/2022\/01\/Linah-Malatje-executive-mayor-1-300x200.36 per litre and that of higher quality diesel at R17.

jpg","image_src_square":"https:\/\/media.28 per litre.citizen.co. A look at the historic prices published by the South African Petroleum Industry Association (Sapia) shows that petrol was selling at between R14. A look at the historic prices published by the South African Petroleum Industry Association (Sapia) shows that petrol was selling at between R14.za\/wp-content\/uploads\/2022\/01\/Linah-Malatje-executive-mayor-1-300x300.jpg","category":" .86 per litre a year ago and that the wholesale price of diesel was just above R13 per litre.