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%...
IEA provides fuel restrictions guidelines to homes, businesses, and governments
People in South Africa can use several methods to mitigate the economic impact of the ongoing fuel crisis, according to new advice from the International Energy Agency (IEA).
The IEA has set out a range of...
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...
Sasol is rocking
Sasol, one of South Africa’s most iconic companies, saw its market cap increase from R81 billion to R135 billion in three weeks.
This is mainly due to the conflict in the Middle East, which drove oil prices from around $65 per barrel to over $100 per barrel in two weeks.
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...
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...
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...
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...
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...