Industry News

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29
Jan

Petrol price breather, for now: ‘All fuel types are set for a decrease at month end’ – AA

While 'Januworry' heads into scary-February as the South African economy still battles to keep its head above water, there's a bit of relief for motorists at the end of this month. Even if it's just for now. The Automobile Association says ongoing declines in the price of oil since the second week of the year will give South African fuel users a breather for February. The commentary comes from on…

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29
Jan

AA projects fall in fuel prices for February as global oil price declines

The Automobile Association has said that global declines in the price of oil since the second week of 2019 will likely give South African motorists a breather for February. The AA was commenting on unaudited month-end fuel price data released by the Central Energy Fund. According to its projections, 95 Octane petrol will drop by around 13 cents a litre; 93 Octane petrol will drop by 4 cents a litre;…

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27
Jan

Drivers who use petrol could save hundreds by following tank filling rule

If you’re looking to keep your car in good nick, make sure you don’t run low on fuel. Those who let their tanks empty too much risk damaging their motors. The fuel filter can stop functioning properly, which is worrying given that it’s needed to keep debris out of the engine. When the filter stops working, you could be hit with an eye-watering repair bill. Repairs can cost upwards of…

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20
Jan

This is what you can expect to pay for fuel in February

Fuel prices are likely to show marginal changes in February, according to the Automobile Association (AA) with diesel set for an increase of 13 cents per litre. The (AA) predicts the price of unleaded 95 Octane petrol to drop by eight cents a litre in February, but 93 Octane petrol, diesel and illuminating paraffin are all set for a price rise at month end. The AA was commenting on unaudited…

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17
Jan

National Petrol price hangs in the balance as US-Iran tension hots up

After 12 months of relative stability, oil prices were largely expected to plod along at $65 dollars a barrel and even lower in 2020. But all that may have changed now that the spectre of war looms large following a US assassination of a top Iranian commander that has stoked tensions in the Middle East, pushing Brent crude oil prices past $70 a barrel on Monday. If the upward trend…

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17
Jan

93 octane petrol likely to rise in February

Unleaded 95 octane petrol is expected to drop 8c a litre in February, but 93 octane petrol, diesel and illuminating paraffin are all set for a price rise in February, according to the Automobile Association (AA). Commenting on unaudited mid-month fuel price data released by the Central Energy Fund, the AA said 93 octane petrol was showing a 1c/l rise, with 13c hikes for both grades of diesel, and 10c…

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17
Jan

February fuel price outlook on the back of oil surge, rand weakness

The rand-dollar exchange rate means bad news for fuel users and comes at a time when many consumers are already feeling the financial pinch. Unleaded 95 Octane petrol is expected to drop by eight cents a litre in February, but 93 Octane petrol, diesel and illuminating paraffin are all set for a price rise at month-end. This is according to the Automobile Association (AA), which was commenting on unaudited mid-month…

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13
Jan

SA’s new car industry: Speeding up or running out of fuel?

Sales of new cars in SA declined by 2.8% in 2019, dipping for the second year in a row. In fact, if one disregards 2017, when new vehicle sales increased marginally, the new vehicle market has been on a downward trajectory since 2013. While the latest figures released by the National Automobile Manufacturers of South Africa (Naamsa) on Tuesday showed that new car sales rebounded in December, increasing 4.2% year-on-year,…

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13
Jan

WATCH | Thinners, vodka, nail polish remover – Can they work as a substitute for petrol?

Running out of petrol is probably the worst thing that can happen to you as a motorist, but the guys from Master Milo worked around that. So, instead of doing something normal like phoning a friend to help you out, they 'tested' several liquids as 'petrol' to see if it would actually work. Poor car Spare a thought for the car, a 1.2-litre Opel Corsa five door, that had its fuel tank…

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13
Jan

Oil price rockets after Iran attacks US in Iraq

The price of oil spiked on Wednesday after Iran launched revenge attacks on US forces in Iraq, making good on its pledge to hit back over the killing of its top general. The main US contract rocketed by more than 4.5% as fears over supplies in the tinderbox Middle East sent prices soaring. The Pentagon said it was still "working on initial battle damage assessments" after bases at Ain al-Asad…

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