Here is the official petrol price for February

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The Department of Mineral Resources and Energy has published the latest fuel price adjustments for February 2022, showing a sharp hike in prices for both petrol and diesel in South Africa.

Rising oil prices ais the main driver behind the increases, while a stronger rand versus the dollar has curtailed some of the damage. The increases have pushed petrol 95 above the R20/litre mark once again.

Bloomberg reported that oil markets opened the week higher and were heading for the biggest January gain in at least 30 years as robust demand outpaced fresh supply. Brent crude touched $90 per barrel briefly.

 

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