4-year low | diesel | fuel price | oil price | petrol | South Africa
SA fuel price drops to 4-year low
On lower oil price and rand strength.
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On lower oil price and rand strength.
South Africa’s move to cleaner diesel is still officially on track, with plans to ban the sale of certain types of diesel.
The cost of topping up the tank of a large diesel vehicle could increase by nearly R62 if a fuel station passed the wholesale increase directly onto the retail price.
Adequacy risks now exist on both sides of the equation – shortfalls from delayed firm capacity and surpluses from rapid renewable growth.
With both petrol and diesel prices set to decline, South African motorists will be forking out significantly less to fill up their cars this month.
Load shedding, check. Load reduction and affordability are the utility’s new frontiers.