Outa calls for July extension of R1.50 fuel levy reprieve
Motorists can expect a petrol price increase of about R2.50 in July
27 June 2022 - 13:53
The war in Ukraine continues to keep the international price of oil bouncing between $110 and $120 per barrel, and for most of June this price has remained closer to $120, which is about 7% up on May.
Coupled with the increased price of oil, the rand was weaker to the dollar for most of June, giving rise to under-recovery in the price of petrol. These factors are expected to increase the price of petrol in SA by an estimated R1.75 per litre on July 6...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
This article is free to read if you sign up or sign in.
If you have already registered or subscribed, please sign in to continue.
Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00.