Based on the current data, 95 octane petrol is set to increase by R2.15/l, 93 octane is expected to climb by R2.07/l, diesel by between R2.94/l and R3.08/l and illuminating paraffin by R2.51/l. “If realised at month end, these will be the biggest increases to fuel prices in South Africa’s history and will, undoubtedly, have major ramifications for all consumers and the economy in general. We must note, though, that…

South Africans need to buckle up and brace themselves for a steep rise in fuel prices in April. The Automobile Association (AA) is predicting that the price of 95 octane could skyrocket by R2.15 a litre, and diesel between R2.51 and R3.08 a litre. It was commenting on unaudited mid-month fuel price data released by the Central Energy Fund on Wednesday. These steep price hikes will see the cost of…

According to the latest data from the Central Energy Fund, petrol and diesel prices currently look set for record increases in the first week of April, says the Automobile Association (AA). Based on the current data, 95 octane petrol is set to increase by R2.15/l, 93 octane is expected to climb by R2.07/l, diesel by between R2.94/l and R3.08/l and illuminating paraffin by R2.51/l. The AA says the current data…

They say turn off your aircon, but are you expected to breathe polluted air? Coast in neutral. Until you hit the gas in an emergency and have zero acceleration. This additive or gadget will help you save fuel, but where's the proof? For motoring news, go to Wheels24 If you think the fuel price can't go any higher, do I have news for you. With the cost of petrol rising to…

Diesel is the workhorse of the global economy. It keeps trucks and vans, excavators and heavy machinery, freight trains and ships all buzzing - and even before the invasion of Ukraine impacted fuel prices, global diesel consumption had surged to an all-time high in the fourth quarter of 2021, says Javier Blas. Winston Churchill famously referred to Russia in 1939 as a series of layers: a riddle, wrapped in a mystery, inside…

India is exploring options for buying Russian crude oil, authorities said Tuesday, with prices there plunging to record lows in the wake of a global backlash to the Ukraine conflict. New Delhi enjoys historic diplomatic and defence ties with Moscow, hosting a rare overseas trip by President Vladimir Putin late last year, and has called for an end to the violence in Ukraine but stopped short of condemning the invasion.…

The oil boom has added fuel to a rally for Angola’s kwanza that’s made it the world’s best-performing currency against the dollar. The currency of Africa’s second-biggest crude producer has strengthened 20% this year, buoyed by surging oil prices, several credit-rating upgrades and the likelihood the central bank will continue to raise interest rates. The worst performing currency is the Russian ruble, down 37% this year amid sanctions against Russia…

Uber Technologies Inc. is tacking on a fuel surcharge to rides and food-delivery orders in a bid to ease drivers' fuel bills amid record-high prices. Uber will apply a fee of 45 cents or 55 cents per trip for rides and 35 cents or 45 cents for Uber Eats delivery orders for the next 60 days, the San Francisco-based company said on Friday. The surcharge will depend on location and trip…

The South African Petroleum Industry Association (SAPIA) and petrol stations in Pietermaritzburg have rubbished claims of a major petrol shutdown being planned for Friday. They were responding to a viral voice note making allegations about a major shutdown of petrol stations and fuel shortages that will supposedly start on Friday. The Witness spoke to a some fuel stations in Pietermaritzburg about these claims and they all said it was a…

Bus drivers in Eswatini's two major cities went on strike on Wednesday, blocking highways leading to two major cities in protest at rising fuel costs, a union said. Drivers of buses and mini-buses blocked the roads leading into Mbabane and Manzini, demanding that government regulators increase fares and salaries. The official price of petrol jumped nearly 6% last month, to 16.25 lilangeni (just under R16) a litre — the third…