Motorists warned to brace for more petrol pain

Share your Subscriber Article
You have 5 articles to share every month. Send this story to a friend!

Cape Town - The Automobile Association on Monday warned motorists to brace for another hike in fuel prices at the end of January.

Commenting on unaudited mid-month fuel price data released by the Central Energy Fund (CEF), the AA said the the rand/US dollar exchange rate has firmed slightly since the start of January 2017, but international oil prices have surged ahead by a far greater margin.

The AA is predicting that petrol is set to jump by 44 cents, diesel by 37c, and illuminating paraffin by 31c.

There’s more to this story
Subscribe to News24 and get access to our exclusive journalism and features today.
Subscribe
Already a subscriber? Sign in
USD/ZAR
14.24
(+0.2)
GBP/ZAR
19.59
(+0.3)
EUR/ZAR
17.07
(+0.7)
AUD/ZAR
11.03
(+0.4)
JPY/ZAR
0.13
(+0.4)
Gold
1,765.21
(+0.1)
Silver
25.91
(+0.2)
Platinum
1,201.00
(+0.3)
Brent Crude
66.94
(+0.5)
Palladium
2,758.50
(+0.5)
All Share
68,220
(+0.6)
Top 40
62,447
(+0.6)
Financial 15
12,347
(+0.0)
Industrial 25
88,874
(+0.3)
Resource 10
69,688
(+1.3)
All JSE data delayed by at least 15 minutes Iress logo
Company Snapshot
Voting Booth
Please select an option Oops! Something went wrong, please try again later.
Results
Yes, and I've gotten it.
21% - 1273 votes
No, I did not.
52% - 3158 votes
My landlord refused
28% - 1701 votes
Vote