fuel prices

  1. Luis

    High fuel prices may lead to petrol station closures across South Africa

    High fuel prices may lead to petrol station closures across South Africa Fuel retailers in South Africa, particularly those in rural areas, could be forced to cut staff hours or close their doors if fuel prices do not recover soon. This is because local motorists are driving less due to high...
  2. Luis

    FNB customers get a leg up on fuel prices

    FNB customers get a leg up on fuel prices FNB has increased the amount of eBucks customers will earn on fuel purchases at Engen service stations by 50% for May and June 2026. The Fuel Boost enhancement was part of the bank's budget relief measures amid surging petrol and diesel prices driven...
  3. Hanno Labuschagne

    Oil price surges to 4-year record

    Oil price surges to 4-year record Oil surged to the highest since June 2022, with no end in sight to the US-Iran conflict or choked-off energy flows through the Strait of Hormuz, heightening concerns over a rapidly shrinking global supply cushion. Brent, the global benchmark, rose more than 7%...
  4. Hanno Labuschagne

    South Africa can afford two more months of fuel tax cuts — Citigroup

    South Africa can afford two more months of fuel tax cuts — Citigroup South Africa has enough fiscal space to extend a fuel-tax cut by two months to cushion consumers from an oil shock triggered by the Iran war, Citigroup said. The relief would likely cost the government between R10 billion and...
  5. Hanno Labuschagne

    Amazon sellers slapped with fuel surcharge

    Amazon sellers slapped with fuel surcharge Amazon.com will start charging sellers who use its shipping services a 3.5% “fuel and logistics” surcharge later this month, joining the ranks of shipping companies raising prices as the war in Iran pushes oil prices higher. The fees take effect on 17...
  6. Hanno Labuschagne

    R3 fuel tax cut for South Africa

    R3 fuel tax cut for South Africa South Africa will reduce a tax imposed on fuel to offset the impact of surging oil prices on domestic gasoline, finance minister Enoch Godongwana said. The levy will be reduced by R3 per litre for both petrol and diesel in April, Godongwana said in an interview...
  7. Hanno Labuschagne

    Petrol price headed for R30 in May

    Petrol price headed for R30 in May South Africa's petrol prices could reach nearly R30 per litre by May 2026 if there are no major declines in oil prices or a strengthening of the dollar against the rand during April. According to BizNews's Alec Hogg, motorists will likely face a R6 per litre...
  8. Hanno Labuschagne

    Hilux and Ranger drivers in for big pain in April

    Hilux and Ranger drivers in for big pain in April South Africans driving large diesel-powered vehicles, including some of the country's top-selling bakkies and SUVs, could pay up to R691 more on a tank of fuel from next month. That is based on the prices of products in South Africa's petroleum...
  9. Hanno Labuschagne

    80km/h highway speed limits and weekend station shutdowns — What South Africa's biggest petrol crisis looked like

    80km/h highway speed limits and weekend station shutdowns — What South Africa's biggest petrol crisis looked like The last time South Africa experienced a significant fuel shortage, the government imposed extraordinary measures to limit the consumption of petrol and diesel. These included...
  10. Hanno Labuschagne

    Easter Weekend petrol price pain in South Africa

    Easter Weekend petrol price pain in South Africa South Africans planning to travel long distances over the coming Easter Weekend should prepare to spend substantially more to cover some of the country's most popular routes. In 2026, the long weekend will run from Friday, 3 April to Monday, 6...
  11. Hanno Labuschagne

    Oman, South Africa's largest single source of refined petroleum, evacuates key export port

    Oman, South Africa's largest single source of refined petroleum, evacuates key export port Oman’s key oil export terminal was evacuated, and two crude tankers were hit in Iraqi waters, as risks to global energy supply from the Middle East war deepened. Ships were ordered to leave the port of...
  12. Hanno Labuschagne

    Early data shows petrol and diesel price disaster in April

    Early data shows petrol and diesel price disaster in April Early fuel price review data suggests significant increases are looming for petrol and diesel prices in South Africa in April 2026. South Africa's fuel prices are adjusted on the first Wednesday of each month based on the cost of...
  13. Hanno Labuschagne

    South Africa's diesel prices have surged over 1,000% since 1995

    South Africa's diesel prices have surged over 1,000% since 1995 South Africa's diesel prices have increased over tenfold in the last three decades, contributing significantly to the higher cost of living due to the increased use of road transport for food and other goods. Unlike the petrol...
  14. Hanno Labuschagne

    Brace for petrol price hikes

    Brace for petrol price hikes An escalation in the conflict in the Middle East could substantially increase petrol prices in South Africa over the next few months. Israel's recent attacks on Iran, which it described as "preventative" actions to disrupt the latter's nuclear weapons development...
  15. Hanno Labuschagne

    February petrol and diesel prices not looking good

    February petrol and diesel prices not looking good Early unaudited data from the Central Energy Fund (CEF) shows South African motorists could face further fuel price hikes in February 2025. The prices of all grades of petrol and diesel increased slightly in the year's first fuel price...
  16. Hanno Labuschagne

    Electric vs hybrid vs petrol and diesel holiday driving cost comparison

    Electric vs hybrid vs petrol and diesel holiday driving cost comparison Driving an electric vehicle (EV) to your holiday destination this year can save you some money over driving a petrol, diesel, or hybrid car, depending on the length of the route. MyBroadband calculated the cost of...
  17. Hanno Labuschagne

    Petrol and tolls cost breakdown for December 2024

    Petrol and tolls cost breakdown for December 2024 The average South African motorist will pay much less on fuel and tolls to cover the most popular holiday highway routes in 2024 than they did last year. The prices of petrol and diesel are substantially lower than they were at the same time in...
  18. Hanno Labuschagne

    Israel-Iran conflict could deal double blow to SA fuel prices

    Israel-Iran conflict could deal double blow to SA fuel prices An escalated Middle East conflict between Israel and Iran could punish South African motorists with huge petrol and diesel price hikes in the coming months, market watchers have warned. Iran launched a rocket attack on Israel on 13...
  19. Hanno Labuschagne

    Petrol prices at risk of increase due to pirate attacks

    Petrol prices at risk of increase due to pirate attacks While 2024 kicked off with a welcome reduction in petrol and diesel prices, South African motorists should brace for pain at the pumps in the coming months. Increased piracy activity in the Red Sea could cause a surge in fuel prices over...
  20. Hanno Labuschagne

    How much more you are coughing up per tank of petrol — 2013 vs 2023

    How much more you are coughing up per tank of petrol — 2013 vs 2023 South African motorists are paying as much as R990.40 more to fill their tank in October 2023 than they were 10 years ago. While the government's taxes on a litre of fuel are partially to blame, the most significant increases...
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