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Tuesday, 24 April 2012

Fuel Price Hike next Wednesday


South Africans will be disappointed to know that the petrol price will be going up yet again next week Wednesday, 2 May 2012. The increase will mark another double digit rise of about 21c taking the petrol price well beyond the record R11 per litre mark.

The unusually high price of Brent Crude Oil over March and April has played a significant role in rising petrol prices this year. This can largely be attributed to market reaction towards political unrest in major oil producing countries such as Libya, Syria and the Middle East. 




1 comment:

  1. This is the thirteenth fuel price hike in this year but still the car sales of different brands is increasing. I have some updates for car lovers of India.
    General Motors India is planning to launch Chevrolet Captiva this month.Very nice and impressive SUV,Chevrolet Captiva looks very fabulous and stylish.It's sizzling performance with mind blowing mileage and power make it a new avatar of excellence.

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