Petrol price increase

Things are looking unbelievably bleak for SA motorists as June is set to usher in a petrol price hike of huge proportions. 2 days agoFile photo.


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6 hours agoThe National Bureau of Statistics NBS says the average retail price paid by consumers for Premium Motor Spirit Petrol increased to N17261 in April 2022.

. The fuel price under-recovery means petrol will now increase by LESS than R2-per-litre. Based on information about two days ago the petrol price wouldve increased by nearly R2 a litre in any. In addition the R150 discount on the general fuel levy will also fall away at the end of June.

Meanwhile 93 Grade will see an increase of R325. Diesel is expected to go up by up to R162 while a litre of paraffin is expected to increase by R214. Together this will result in price shocks never seen before.

It had looked likely that petroleum would outdo the increases seen in diesel but that has since eased off. The November 2021 price is the highest recorded. Jerry Mohale of the Bara Meadowlands Taxi Association told Daily Sun they had met with other associations to discuss price.

2 days agoPetrol price increase for June to rip-up the record books Last week we broke the shock news that the petrol price would spike at a ridiculous rate in little over two weeks time. The price of diesel also increased rising by 062p to 12973p per litre. The data which serves as a snapshot of market conditions as of 13 May.

The fuel prices for April will be adjusted as follows. The weights are the countries share of the global petroleum products consumption. Diesel 0005 sulphur will.

Petrol both 95 ULP and LRP will increase 36c more perlitre. 1 day agoMid-month data from the Central Energy Fund points to major fuel price pain for diesel and petrol vehicle owners in June. The price of petrol could rise by R350 a litre in June.

A fifth consecutive monthly increase. The fuel prices are adjusted on a. Heres a full list of price increases that will take effect from 6 April 2022 Petrol both 93 ULP and LRP will increase by 28c per litre.

The government has warned that theres the potential for supply issues to increase prices further before any sign of a reduction. South Africans have taken to social media to lament the increase in petrol paraffin and diesel prices which will take effect on Wednesday. Petrol was one of the main drivers of inflation after it rose to an average 1458p a litre in November compared with 1126p a litre a year earlier.

Cuts to oil production When demand for gas and oil plunged during the pandemic OPEC. Maximum LPGas retail price will increase by R250 per litre. This is according to the NBS Premium Motor Spirit Petrol Price.

According to the CEFs most recent update the 95 Grade of petrol is set to skyrocket by R331 once the fuel tax is fully reinstated. 2 days agoHe said that normal market forces were likely to push up the petrol price increase further. 1 day agoThe latest estimates predict a petrol price increase of between R193 and R197 a litre in the first week of June while diesel is expected to increase by between R160 and R162 a litre.

The average price for a litre of petrol hit 163 on Sunday after rising above 160 for the first time last week. Diesel remained above 173 a. Things are looking unbelievably bleak for.

According to these rates of Petroleum Levy and GST the recommendation has been made to increase the Petrol Price by Rs. JOHANNESBURG - The petrol price will increase on Wednesday but motorists have been spared larger fuel price increases following the governments move to cut the fuel levy. 005 sulphur diesel will rise by R152.

2 days agoBrace yourself for a massive petrol price increase in June. 8350 per litre while suggesting an increase of Rs. This means it now costs.

119 per litre in the Price of High-Speed Diesel. The latest data from the Central Energy Fund shows the petrol price was expected to increase by between R173 R181litre in April. 7 hours agoThe Automobile Association predicts that next month a litre of petrol will cost motorists up to R197 more.

By March 2021 the average per-gallon price for gas stood at 282 an increase of 45 from its pandemic low.


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