Oil price
Oil extends rally on Russia sanctions bets, stocks wobble
While Europe's economy relies heavily on energy from Russia, the possibility of an embargo sent both main contracts sharply higher Monday, and they continued...
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Energy Dept warns that ongoing Ukraine war could force SA to ration fuel
The department said that rising fuel prices were a global issue and developing countries would be hit especially hard.
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Eskom keeping close eye on fuel prices as it feels impact of rising costs
The war between Russia and Ukraine has seen fuel prices reach record highs.
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South Africans warned to brace for knock-on effects of rising fuel costs
The ongoing war in Ukraine has driven up oil prices and there are fears that it could get worse, with oil stocks not meeting demand.
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Oil breaks $100, havens rally, equities drop as Russia enters Ukraine
Markets have been hammered this week after the Kremlin recognised two breakaway regions in eastern Ukraine and said it would provide 'peacekeepers' to the regions, leading to warnings of a conflagration.
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AA: Despite fuel price drop, review of fuel price structure still needed
From the stroke of midnight, the price of 93 octane will decrease by 71 cents a litre, 95 octane is going down by 68 cents and you'll have to fork out about 68 cents less for diesel.
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Global markets sink on resurgent virus fears
The spreading Delta virus variant fuelled fears it could undermine economic recovery.
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Plunging global oil prices could mean good news for motorists: AA
That's if the rand does not suffer another blow and continues to gain momentum against major currencies.
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Too early to say if oil price crash will lead to fuel price drops - AA
Oil prices suffered a historic collapse late Sunday after Saudi Arabia shocked the market by launching a price war against one time ally, Russia.
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Oil crashes after Saudi Arabia launches price war
Saudi Arabia launched an all-out oil war Sunday with the biggest cut in its prices in the last 20 years, Bloomberg News reported, after a failure by cartel OPEC and its allies to clinch a deal to cut production.
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Higher oil prices, weaker rand behind predicted fuel price increase - AA
Motorists in the Western Cape can expect a slight drop in the price of 95 octane petrol based on current data. Diesel, 93 octane petrol and illuminating are expected to increase.
