Guiding consumers since 2009

Petrol price increase on the cards …again?!

By Danielle van Wyk

Motorists can brace themselves for what will be the second petrol price increase this year. Following shortly on the 72 cents increase experienced this month, May will bring a further 41 cents increase.

What will you be paying now?

Despite the weaker rand, intensified political tension in Syria appears to be the key driving force behind the proposed increase. So said the Automobile Association (AA), in a statement commenting on unaudited mid-month data released by the Central Energy Fund.

"The Middle East lies near many of the world's key oil producers, and petroleum prices have historically been sensitive to instability in the region,” according to the AA.

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