South Africa's latest fuel price increase, which came into effect on 1 December, put the cost of petrol over the R20 per litre mark (about US$1.25) in parts of the country for the first time. The increase sparked public outcry. The Conversation Africa's Nontobeko Mtshali asked energy sector expert Rod Crompton to share his insights into what influences the price – which is adjusted monthly – and to explain how…

The large volume of missing oil may suggest that supply estimates are too optimistic or that demand has been understated. Or, more likely, some combination of the two, writes Julian Lee. Where did all the oil go? According to the latest estimates, the world should still be awash in oil stockpiles built up during the pandemic. But that's not what the actual data on oil supplies show. The International Energy Agency's…

Fuel prices recently reached all-time highs in most countries around the world. South Africa is no exception, with the prices breaking through the R20 a litre mark in December last year. But that's still half the price of what you'll pay in Hong Kong. Despite recent increases, South Africa's petrol price is close to the global average. But fuel in neighbouring countries is, on the whole, a lot cheaper. Here's…

The price of petrol – for 95-octane in Gauteng – has decreased by 68c per litre to R19.61 for January. 32% of that goes to various taxes, mostly the general fuel levy and funding for the Road Accident Fund. The actual basic fuel price, without those taxes, the cost of distribution, and margins for retailers and wholesalers, is R9.04. Here is what goes into the fuel price for January 2022. For…

A call for the end of oil has been thrust into the spotlight this year. Fossil fuels - which still represent 80 percent of energy consumed - have been explicitly blamed for driving climate change. The International Energy Agency believes that oil demand is still set to rise. The climate crisis has put the end of oil onto the agenda, but achieving that is a colossal task given the world…

The cost of petrol breaches R20 per litre for the first time in South Africa in December. Gas-guzzling cars will become less sought after in the coming year. We've selected a variety of fuel-efficient models to consider downsizing. For motoring news, go to Wheels24 The Automobile Association of South Africa (AASA) confirmed that the cost of petrol would puncture the ceiling this December as a single litre of unleaded 95-octane petrol…