Why are international oil prices rising?
At the same time crude stockpiles have shrunk, while increases in output by OPEC and other major producers including Russia have been unable to temper the rally in the commodity. "It looks like the oil rally has still got some legs," said John Driscoll of JTD Energy Services, adding:"I just don't see any evidence yet that the rally has topped out."
By December the petrol 95 will be above R19 mark and Christmas will be even more darker for South Africa economy and citizens.
Let me guess it will go up between 20 cents to 68 cents and with the same breath the food prices will rise again automatically. Not long we will look like UK with fuel and food shortage because everything become to expensive even for average middle working class citizens
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