fuel price increaseslatest news & developments
With fuel prices set to rise again, inflation expected to climb and borrowing costs increasing, electric and hybrid vehicles could offer South African consumers a way to reduce their monthly transport costs.
ELECTRIC CARS

Could EVs be South Africa’s answer to rising fuel, power and borrowing costs?

Are rising costs starting to tip the maths in an EV's favour?

  • Ashley Lechman
7 min read
Oil prices have retreated from recent highs, but supply disruptions, refinery constraints and rand volatility mean relief at the pump could take longer to arrive.
FUEL PRICE

October fuel price hike: Why cheaper oil may not mean cheaper petrol

Brent crude is falling. Your petrol price isn't. Here's why.

  • Ashley Lechman
5 min read
Brent crude has fallen from recent highs, but South Africa’s October fuel prices are largely determined by earlier oil-price and rand movements, limiting the impact of the latest decline.
FUEL PRICE HIKES

Brent crude retreats, but October fuel prices could still jump

Oil is falling – so why could South Africans still face a big fuel-price hike in October?

  • Ashley Lechman
4 min read
TotalEnergies strengthens its position in the renewable energy market with the acquisition of Shell's European assets, adding significant solar and wind capacity to its portfolio.
TOTALENERGIES

TotalEnergies pumps up controversy in France with cut-price gas

TotalEnergies, which pumps crude oil and refines it into gasoline, also has an extensive network of filling stations throughout France, where retail sales are usually dominated…

  • AFP
4 min read
Brent crude rose above $105 a barrel as attacks on shipping and renewed Middle East hostilities heightened fears of supply disruptions, with possible consequences for South African fuel prices.
CRUDE

Brent crude rises above $105 as Middle East shipping attacks intensify

Brent crude rose above $105 a barrel as attacks on shipping and renewed Middle East hostilities heightened fears of supply disruptions.

  • Ashley Lechman
4 min read
South African motorists face sharp September fuel increases, with diesel rising by up to R3.15 a litre and petrol increasing by R1.34.
FUEL CRISIS

Fuel prices rise sharply as South African motorists face higher September costs

South African motorists face sharp September fuel increases, with diesel rising by up to R3.15 a litre and petrol increasing by R1.34.

  • Ashley Lechman
4 min read
Oil prices remain elevated after renewed US-Iran hostilities, while the rand steadies and bond yields rise as investors await key US and European economic data.
MARKET ANALYSIS

Brent Crude oil prices remain elevated, putting October fuel prices in focus

Oil prices remain elevated after renewed US-Iran hostilities, while the rand steadies and bond yields rise as investors await key US and European economic data.

  • Ashley Lechman
4 min read
Discover how South Africa's inflation rate drop and the renewal of the AGOA are reshaping the financial landscape and impacting key markets.
AGOA

Lower inflation and AGOA boost financial markets

Discover how South Africa's inflation rate drop and the renewal of the AGOA are reshaping the financial landscape and impacting key markets.

  • Chris Harmse
3 min read
The Strait of Hormuz remains the key risk for oil markets this week, with higher crude prices threatening to add further pressure to fuel costs and inflation.
MARKET ANALYSIS

International Energy Agency warns of global oil deficit amid Hormuz bottleneck

The Strait of Hormuz remains the key risk for oil markets this week, with higher crude prices threatening to add further pressure to fuel costs and inflation.

  • Ashley Lechman
3 min read