ARTICLES RELATING TO PETROL PRICES

Sizeable drop in petrol price expected

2012-05-24 17:31

The Reserve Bank will maintain current interest rates, and a considerable reduction in the local petrol price is anticipated, says governor Gill Marcus.

Investor caution keeps Brent above $118

2012-04-19 09:04

Brent crude oil stayed higher than $118 a barrel, as investors pared back demand ahead of a much-anticipated Spanish bond auction.

Supply worries keep oil above $125

2012-03-27 14:26

The price of a barrel of Brent crude oil stayed above $125 on renewed concerns about tension in Iran and supply disruptions in Syria, South Sudan and Yemen.

Fuel shortages to ease 'soon'

2012-02-01 12:39

The SA Petrol Retailers Association says pressures on fuel supplies should come down by early next week.

Iran fuel prices soar as subsidies scrapped

2010-12-19 11:05

Iranian fuel prices have surged as the government started to remove subsidies on energy and food as part of a long-awaited economic overhaul.

 

Minister: Big fuel price drop in June

2012-05-17 18:04
76 comments

There will be a "substantial decrease" in the price of fuel next month, says Energy Minister Dipuo Peters.

France in talks on strategic oil release

2012-03-28 10:47

France is in discussions with the US and UK on the possible release of strategic oil stocks to keep prices down, reports Le Monde newspaper.

Gordhan: Levy can't cover roads build

2012-03-13 17:46
75 comments

Finance Minister Pravin Gordhan says if the fuel levy is reserved for road construction, it will need a tax hike of R1 per litre to cover construction costs.

Petrol shortages to persist - report

2012-02-01 08:29

Petrol shortages could continue until mid-month, SA Petroleum Retailers' Association director Peter Noke says in a report.

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