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South Africans will see the largest fuel price decreases on record at the end of March 2020.
By following these fuel saving tips, you can stretch your fuel budget substantially!
National Treasury said a new paper will be released on the possible restructure of the fuel levy, to include a local air pollution emissions component.
Taxes on fuel increased from R2.43 in 2010 to R5.63 in 2019.
The price decline is predominantly attributed to a stronger Rand which offsets the rise in global Brent Crude oil prices.
Putting petrol in a diesel powered car or vice versa is probably unthinkable but the guy in this video does it on purpose to see what will happen.
The apartheid government founded Sasol in the 1950s as a means to use the country’s large coal reserves as a source of fuel using technology developed by scientists in Nazi Germany.
Fuel consumption increases during load shedding as consumers turn to petrol and diesel-powered generators.
The price of 95 octane petrol will go up by 18 cents a litre, while 93 will cost 4 cent less a litre.
International oil price jumped by close to 20% on Monday morning.
The large projected decrease comes as the price of oil has continued its fall, with a barrel of benchmark Brent Crude trading at or below $30.
The global spread of coronavirus has negatively affected demand and prices for crude oil.
Running out of petrol is probably the worst thing that can happen to you as a motorist, but the guys from Master Milo used something else as petrol.
The price of petrol will be going down, while that of diesel is set to increase in January, according to Minister of Mineral Resources and Energy Gwede Mantashe.
The price of petrol will increase by 11 cents a litre while the price of diesel is set for a substantial decrease of 23 cents a litre, the Automobile Association of South Africa said.
Fuel prices are set for slight drops across the board in the wake of oil price retreats in October, according to the AA.
A combination of falling oil prices and a surprise rally in the rand should ease pressure at the pump.
When margins, retail income and distribution cost are included, 55% of the fuel price is unrelated to the oil price itself.
The past week's sudden surge in oil prices brought to mind the nightmare of shortages, but it's not too likely motorists will be queueing to fill up around the world, analysts say.
Cash-strapped South Africans looking to get some more mileage out of their Smart Shopper points can spend them on petrol.
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