Energy Industry News

Petrol price pain coming in March, warns AA

  • 📰 ewnupdates
  • ⏱ Reading Time:
  • 38 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 53%

Energy Energy Headlines News

Energy Energy Latest News,Energy Energy Headlines

The AA said that current unaudited fuel data from the Central Energy Fund showed that significant increases were likely in March.

JOHANNESBURG - There's bad news for motorists as we head into the new month, with fuel prices looking set to spike.

The price of petrol is expected to climb by between R1.22 and R1.27 a litre, and diesel by around 28 cents. The AA said that movement in international oil prices, coupled with a weakened exchange rate, were to blame. Based on the anticipated increases, motorists will be paying between R22.25 and R22.90 for a litre of 95 unleaded petrol from next month, depending on whether they’re purchasing it on the coast or inland.The AA said that not only did this mean that motorists would be forking out more at the pumps, it was also set to see the costs of goods and services increase.

It urged consumers to “monitor their fuel usage carefully, and to budget according to the new fuel prices” which come into effect next Wednesday.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

So what!

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 30. in ENERGY

Energy Energy Latest News, Energy Energy Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Petrol and diesel: Fill up soon, the price hike news is DIREWe'll soon learn what lies ahead for diesel and petrol prices in March, but for now the latest data from the Central Energy Fund looks DIRE.
Source: TheSAnews - 🏆 25. / 59 Read more »