Petrol price

2022 - 4 - 4

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Image courtesy of "Independent Online"

Experts welcome cut in levy, but warn fuel prices may still go up (Independent Online)

Experts have welcomed the reduction in the fuel levy but still expect an increase in the fuel price due to the ongoing Russia/Ukraine conflict, ...

“We have to understand the need for the fuel levy reduction. We, however, welcome this move and hope that more attention will be paid to the fuel levy in future.”Dr Sanele Gumede, a lecturer in economics at the University of KwaZulu-Natal, said the increasing fuel price had led to inflation increasing, and the government had to act to help boost the economy.“The people of South Africa have already been dealt a blow with the recent increase in the interest rate and now with another fuel price hike looming, the fuel levy cut will lessen the impact of the fuel price increase. I expect the fuel levy to be increased once the Russia/Ukraine crisis is resolved.” Unfortunately even with a decrease in the fuel levy, consumers shouldn’t expect a decrease in the price of food and goods. The reduction is to be funded by a liquidation of a portion of the government’s strategic crude oil reserves. DURBAN - EXPERTS have welcomed the reduction in the fuel levy, but say fuel prices might still go up this month, due to the ongoing Russia/Ukraine conflict and the high price of Brent crude oil.

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Fuel price hike to take effect from Wednesday (eNCA)

JOHANNESBURG - The petrol price will increase on Wednesday but motorists have been spared larger fuel price increases following the government's move to cut ...

Poor households using paraffin will be hit hard, having to pay R3.55 more for a litre. Customers at the pump will pay 36 cents more for 95 octane petrol Both grades of 93 petrol will go up by 28 cents a litre.

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Petrol, diesel prices up by ₹9.20 after 13th hike in 15 days (Hindustan Times)

Petrol and diesel prices today April 5, 2022: The price of petrol and diesel in Delhi at ₹104.61 per litre and ₹95.87 per litre, respectively.

In Delhi, petrol is now being sold at ₹104.61 per litre while diesel prices are at ₹ 95.87 per litre, according to the notification by fuel retailers. Petrol and diesel prices today April 5, 2022: State-owned fuel retailers hiked the rates of petrol and diesel by 80 paise on Tuesday, the 13th increase in the last 15 days. On Monday, Rajya Sabha witnessed repeated disruptions over rising prices of petroleum products as Opposition demand to discuss the issue was rejected again.

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Petrol, diesel prices today: Fuel rates hiked on 5 April, petrol nears ... (Firstpost)

Petrol and diesel prices on 5 April 2022: Petrol price in Delhi stands at Rs 104.61 per litre while diesel is available for Rs 95.87. In Mumbai, petrol is ...

Petrol in Delhi will now cost Rs 104.61 per litre as against Rs 103.81 previously, while diesel rates have gone up from Rs 95.07 per litre to Rs 95.87, according to a price notification of state fuel retailers. Follow us on Facebook, Twitter and Instagram. On the first four occasions, prices were increased by 80 paise a litre - the steepest single-day rise since the daily price revision was introduced in June 2017. On the following days, petrol price went up by 50 paise and 30 paise a litre while diesel rose by 55 paise and 35 paise a litre. Petrol and diesel prices on 5 April 2022: Petrol price in Delhi stands at Rs 104.61 per litre while diesel is available for Rs 95.87. In Mumbai, petrol is retailing at Rs 119.67 while diesel costs Rs 103.92 Aviation turbine fuel (ATF) - the fuel that helps aeroplanes fly - was hiked by Rs 2,258.54 per kilolitre, or 2 per cent, to Rs 1,12,924.83 per kl in the national capital, according to a price notification by state-owned fuel retailers. Petrol and diesel prices on 5 April 2022: Petrol price in Delhi stands at Rs 104.61 per litre while diesel is available for Rs 95.87. In Mumbai, petrol is retailing at Rs 119.67 while diesel costs Rs 103.92 Oil companies "will need to raise diesel prices by Rs 13.1-24.9 per litre and Rs 10.6-22.3 a litre on gasoline (petrol) at an underlying crude price of $100-120 per barrel," according to Kotak Institutional Equities. In Mumbai, petrol and diesel prices per litre stand at Rs 119.67 (increased by 84 paise) and Rs 103.92 (increased by 85 paise) respectively. CRISIL Research said a Rs 9-12 per litre increase in retail price will be required for a full pass-through of an average $100 per barrel crude oil and Rs 15-20 a litre hike if the average crude oil price rises to $110-120. Petrol price was on Tuesday hiked by 80 paise a litre and diesel by 70 paise. New Delhi: Petrol and diesel prices were on Tuesday hiked by 80 paise a litre each, taking the total increase in rates in the last two weeks to Rs 9.20 per litre.

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Ukraine, state taxes and electric vehicles: How BJP is defending sky ... (Scroll.in)

The latest hike of 40 paisa has made petrol and diesel expensive by Rs 8.4 per litre in less than two weeks. In Delhi, a litre of petrol now costs Rs 103.8 ...

The government has also claimed that it is trying to make electric vehicles cheaper in order to tackle the fuel price rise. Another measure employed by the BJP and its supporters is disregarding the problem. This is because the income levels and standards of living in countries differ. This is done by converting the price of a litre to Indian rupees. This line of reasoning is also seen commonly amongst BJP politicians and their supporters. On Wednesday, yoga guru Ramdev, who had claimed that petrol would be at Rs 40 a litre if the BJP came to power, was asked about the high fuel price. Union minister of road and transport Nitin Gadkari, who recently came to Parliament in an electric vehicle, promised that within two years, the price of all electric vehicles would be the same as petrol vehicles. In Delhi, a litre of petrol now costs Rs 103.8 while in Mumbai it is Rs 118.8. Diesel in Delhi costs Rs 95.1 while in Mumbai it costs Rs 103.1. Sitharaman cited another reason for the increase in oil prices. Critics often complain that the Central government only increases and never reduces domestic prices based on international prices. On Tuesday, finance minister Nirmala Sitharaman said that the war had disrupted the oil supply chain and increased prices. The Bharatiya Janata Party and its supporters have attempted to manage the political fallout of this steep rise by offering a host of excuses for why fuel prices are shooting up.

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Image courtesy of "Times of India"

Petrol price in city touches record high of 110.96, diesel hits a ton (Times of India)

Petrol price in the city surged to the second highest rate of Rs 110.96 on Monday while diesel crossed Rs 100 (Rs 100.65) per litre again. In the sta.

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Petrol, diesel prices continue upward trend; 13th increase in 15 days ... (India TV)

petrol diesel price hike, petrol price today, diesel price today, petrol diesel rates, fuel rates, petrol price rise, Delhi petrol price today, ...

In Mumbai, the petrol and diesel prices were hiked by 84 paise and 85 paise each respectively. Meanwhile, the All India Unorganised Workers and Employees Congress on Monday organised a protest against the government over the steep rise in prices of petrol and diesel. Petrol and diesel prices in Delhi were on Tuesday hiked by 80 paise a litre each, taking the total increase in rates in the last two weeks to Rs 9.20 per litre.

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Petrol price fall thanks to budget: PM (Manning River Times)

Scott Morrison continues to take credit for a drop in petrol prices in the past week, after the budget temporarily cut fuel excise, even as economists say ...

Mr Plank said the cut to petrol excise may, depending on volatile oil prices, see petrol prices drop further in the coming weeks, providing a further lift to confidence. The halving of fuel excise was part of an $8.6 billion cost-of-living support package announced in the budget a week ago and came after petrol prices spiked above $2 a litre as global oil prices rose due to the war in Ukraine. Figures from the Australian Institute of Petroleum showed the national average petrol price in the past week fell by a record 13.3 cents to 193.4 cents a litre, although in Tasmania and the Northern Territory they were still above $2. Falling petrol prices have helped to tame consumer concerns about the inflation outlook, providing a modest lift to confidence. "The fall in petrol prices is likely due to lagged effects of the drop in crude prices since March 8, which have declined by nearly 20 per cent since then," ANZ head of Australian economics David Plank said. The inclusion of a support package in the budget at a time of already heated inflation has raised concern among some economists. "We think this explains much of the lift in sentiment, though the focus on relieving cost of living pressures in the federal budget may also have played a part." Scott Morrison continues to take credit for a drop in petrol prices in the past week, after the budget temporarily cut fuel excise, even as economists say it's more to do with a fall in global oil prices.

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Image courtesy of "India Today"

Petrol, diesel price woes continue; retail cost hiked by 80 paise per ... (India Today)

Petrol and diesel prices continued to trouble the common man on Tuesday as they received another cost hike of 80 paise. This is the 13th hike in 15 days.

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Petrol, diesel price April 5: Check today's fuel rate in your city (DNA India)

On Tuesday also, the price of petrol and diesel has increased by 80 paise per litre. Companies can increase fuel prices till their losses are covered. Oil ...

In Mumbai, petrol reached Rs 119.67 while diesel is being sold for around Rs 104 a litre. Petrol is now selling at Rs 104.61 per litre in Delhi, while diesel has reached around Rs 96 a litre. This is the reason why the prices of petrol and diesel appear so high. At the same time, HPCL consumers can know the price by sending HPPrice to the number 9222201122. On Tuesday also, the price of petrol and diesel has increased by 80 paise per litre. Oil companies have increased the prices of both petrol and diesel by 80 paise per litre in the national capital Delhi.

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Image courtesy of "Times of India"

Petrol price nearing Rs 120 per litre in Mumbai region (Times of India)

With fresh hikes in fuel prices on Tuesday, the total hikes in petrol and diesel in Mumbai has so far has been around Rs 10 per litre in the past 15 d.

We dissect the biggest first-ever features that the Samsung Galaxy F23 5G brings to the F Series. Trust us when we tell you that these features are set to amp up the F Series experience to the T! The Galaxy F23 5G, thus, proves that it is a device that has not just flagged the Frevolution in the Galaxy F Series but has also rejigged our expectations from a whole category of smartphones. This is possible because the RAM Plus feature on the Samsung Galaxy F23 5G boosts the existing RAM and doubles it! The Samsung Galaxy F23 5G has a lot going on for the price it is pegged at and tech town has already hailed it as the next budget champion at hand. From the first-ever Snapdragon 750G Processor to the first-ever Voice Focus and Power Cool Technology among other newbies, the Galaxy F23 5G does make some big promises to a generation that loves to multitask and is constantly on the move. And with its latest device that went on sale last week, it has pretty much hit the pulse of Gen-Z! The Galaxy F23 5G- the device that packs together an array of first-ever features on the Galaxy F Series, has waved off a ‘Frevolution’ and has gotten everyone raving!

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Image courtesy of "Independent Online"

Petrol price hikes keep the cost at record highs, especially those of ... (Independent Online)

The Automobile Association (AA) said it noted that 93 octane petrol will increase by 28c a litre and 95 octane by 36c/l, while diesel is set for staggering ...

However, the price of all fuels is still increasing across the board and could have been worse were it not for the reduction in the GFL.”The recent strong run of the rand against the US dollar contributed to shaving some of the increase off the final adjustment for April, without which the increases would have been more significant.“Given these increases, 95ULP will now cost R21.96/l in Gauteng and R21.24 at the coast.“The price cap for diesel in Gauteng is now set at R21.01/l and R20.39 at the coast.“And, as the country heads closer to winter, illuminating paraffin will now cost R15.84/l in Gauteng and R15.02 at the coast, dealing yet another blow to poorest of the poor who use this fuel for heating, cooking, and lighting.“These are record fuel prices across the board and while the government’s intervention has cushioned the blow somewhat, it hasn’t entirely taken the pain away,” said the AA.“The intervention to cut the GFL is significant as it shows the government is taking the issue of rising fuel costs seriously, which is to be welcomed.“It has also indicated that it is looking at several proposals to deal with rising fuel costs into the future.“Whatever plans the government is considering, though, these should be fast-tracked as the trend of increasing fuel prices is likely to continue in the short- to mid-term, especially as the situation in the Ukraine remains unresolved.“This is adding pressure to the international petroleum product price, and, in turn, to local prices. Petrol price hikes keep the cost at record highs, especially those of dieselThe petrol will increase by 28c a litre and 95 octane by 36c/l, while diesel is set for staggering increases, climbing by between R1.52/l and R1.69/l. CAPE TOWN - While the R1.50 reduction in the General Fuel Levy (GFL) will take some pressure off embattled consumers, the fuel price increases for April announced by the Department of Mineral Resources and Energy (DMRE) yesterday will still keep fuel prices at record high levels and will add financial pressure on all South Africans.The Automobile Association (AA) said it noted that 93 octane petrol will increase by 28c a litre and 95 octane by 36c/l, while diesel is set for staggering increases, climbing by between R1.52/l and R1.69/l/.The wholesale price of illuminating paraffin is set for the steepest increase – set to increase by R2.66/l.“The R1.50 decrease to the GFL will mean this tax now stands at R2.44/l, down from its current R3.94/l,” said the AA.“This levy will change for April and May only.

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Image courtesy of "Eyewitness News"

General fuel levy cut to cushion latest petrol price hike (Eyewitness News)

Both grades of petrol will go up again, with 93 octane set to increase by 28 cents a litre and 95 octane by 36 cents. But this is still significantly lower ...

It has also indicated that it is looking at several proposals to deal with rising fuel costs into the future," Beard said. Both grades of petrol will go up again, with 93 octane set to increase by 28 cents a litre and 95 octane by 36 cents. Both grades of petrol will go up again, with 93 octane set to increase by 28 cents a litre and 95 octane by 36 cents.

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Petrol, diesel prices hiked again; Rs 10 increased in 11 days (Onmanorama)

In the last 11 days, price of petrol has increased by Rs 10.02 and diesel by Rs 9.41..petrol price hike. fuel prices. petrol price Teesday.

He added that there was a considerable dip in tax allocation by the Centre. Currently, petrol costs Rs 116.32 and diesel Rs 103.13 in Thiruvananthapuram. Petrol price rose to Rs 114.33 in Kochi and diesel price increased to Rs 101.24. It is Rs 114.49 and Rs 101.42 respectively in Kozhikode. Petrol in Delhi will now cost Rs 104.61 per litre as against Rs 103.81 previously, while diesel rates have gone up from Rs 95.07 per litre to Rs 95.87, according to a price notification of state fuel retailers.

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Image courtesy of "Eyewitness News"

Petrol price to go up for April (Eyewitness News)

Mineral Resources and Energy Minister Gwede Mantashe, has announced fuel price hikes that take effect on Wednesday.

JOHANNESBURG - The Mineral Resources and Energy Department has announced an increase in all grades of petrol, diesel and paraffin. Mineral Resources and Energy Minister Gwede Mantashe, has announced fuel price hikes that take effect on Wednesday. The new petrol price is effective from Wednesday.

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Fill up your tanks: Petrol price increases for April announced (Citizen)

Despite the reduction in levies, meant to give South Africans some reprieve from spiralling fuel prices, Mineral Resources and Energy Minister Gwede ...

However, this decrease is not enough to offset the overall average increase in oil prices during this period. * Maximum LPGas retail price will increase by R2.50 per litre * (95 ULP & LRP) will increase by thirty-six cents per litre * (93 ULP & LRP) will increase by twenty-eight cents per litre The total fuel levy will now amount to R2.44 per litre for petrol and R2.30 per litre for diesel. * Single Maximum National Retail Price for illuminating paraffin increases by R 3.55 per litre

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Image courtesy of "News24"

Time to fill up - fuel price hikes across the board this Wednesday (News24)

Mineral Resources and Energy Minister Gwede Mantashe announced the adjustment to fuel prices on Monday. The hikes, which kick in on Wednesday, 6 April, are as ...

Among these is that Brent crude oil increased from $96.47 per barrel to $109.37 during the period under review. * Petrol (both 95 ULP and LRP) - up 36 c/l. * Petrol - (both 93 ULP and LRP) - up 28 cents per litre (c/l).

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Image courtesy of "SABC News"

Concerns that further oil increases will negatively affect petrol price ... (SABC News)

“The intervention to cut the levy is welcomed as it shows the government is taking the issue of rising fuel prices seriously. It has also indicated that it is ...

Diesel will increase by 152.56 cents per litre and 168.56 cents per litre. We have seen the rand working in our favour, helping to contain the impact of the high international oil prices. “Petrol 93 will increase by 28 cents per litre and 95 Octane by 36 cents. They have however warned that international oil prices could further continue to increase if tensions between Russia and Ukraine are prolonged. It has also indicated that it is looking at several proposals to deal with rising fuel costs in the future. The association says this means tax now stands at R2.44 cents down from its current R3.94 cents.

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Fuel price to increase by at least 28c on Wednesday (Independent Online)

Pretoria – Mineral Resources and Energy Minister Gwede Mantashe announced an adjustment to fuel prices, with the price of the lowest graded petrol to ...

Pretoria – Mineral Resources and Energy Minister Gwede Mantashe announced an adjustment to fuel prices, with the price of the lowest graded petrol to increase by at least 28c. In a statement, Mantashe gave reasons for the fuel hike, such as the continued sanctions imposed on Russia, despite Russia’s discounted crude oil prices. The reduction in the general fuel levy wilI be in place until May 31.

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Here is the official petrol price for April (BusinessTech)

The Department of Mineral Resources and Energy has published the official fuel price adjustments for April 2022.

Interventions will be considered by the DMRE to reduce the price pressure for illuminating paraffin over the medium term. It also has indicated that it is looking at several proposals to deal with rising fuel costs in the future. The combined cumulative petrol and diesel Slate balances at the end of February 2022 amounted to a negative balance of R 7.171 billion. This will allow retailers to sell at a price below the regulated price. The average Rand/US Dollar exchange rate for the period 25 February to 31 March 2022 was 15.0211 compared to 15.2343 during the previous period. The rand appreciated against the US Dollar during the period under review, on average, when compared to the previous period.

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Automobile Association: 'Fuel price shocks still in store for South ... (The South African)

Minister Gwede Mantashe announced that prices on all grades and categories of petrol will cost motorists more from Wednesday.

It also has indicated that it is looking at several proposals to deal with rising fuel costs into the future.”“Whatever plans government is considering, though, these should be fast-tracked as the trend of increasing fuel prices is likely to continue in the short- to mid-term, especially as the situation in the Ukraine remains unresolved which is adding pressure to the international petroleum product price, and, in turn, to local prices. The Automobile Association (AA) says it appreciates that there is no quick-fix solution to mitigating the rising fuel costs, which have quite the impact on the already overburdened consumer. “The intervention to cut the GFL is significant as it shows government is taking the issue of rising fuel costs seriously, which is to be welcomed.

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Image courtesy of "The Indian Express"

Petrol and diesel prices on April 5: Check fuel rates in your city today (The Indian Express)

Petrol and Diesel price today in Delhi, Mumbai, Kolkata, Chennai, Bengaluru, Hyderabad, Jaipur: Petrol price in Delhi stands at Rs 104.61 per litre while ...

In the national capital, both petrol and diesel prices were raised by 80 paise each. In the national capital, both petrol and diesel prices were raised by 80 paise each. So far in April, both petrol and diesel have been hiked by Rs 2.80 per litre in the national capital.

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Image courtesy of "The South African"

April petrol price confirmed: Here's what you'll pay at the pumps from ... (The South African)

The ANC's decision to slice R1.50 off the fuel levy has saved petrol consumers from a crippling increase. But, despite this act of mercy, diesel users have been ...

The fuel levy reduction is in place until the end of May, meaning that next month’s petrol price will also be subsidised by the government. Late movement in both oil and foreign exchange markets helped bring the forecast April petrol price down to a slightly more respectable total, too. But, despite this act of mercy, diesel users have been stung by a much steeper rise in costs.

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Image courtesy of "702"

South Africa, for the moment, dodges petrol price hike bullet (702)

Mandy Wiener interviews Layton Beard of the Automobile Association to find out more. At midnight, the price of 93 octane petrol increases by 28 cents a litre ...

Had the rand not been as strong, the increase would have been worse… It absolutely could have been a lot worse… The rise…

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Image courtesy of "NDTV Profit"

Petrol Prices Touch Record High In Mumbai, Chennai And Kolkata ... (NDTV Profit)

Petrol prices in three metro cities of Mumbai, Chennai and Kolkata have gone up by almost 2 per litre between April 2 and April 5, 2022.

Similarly in Chennai, petrol is selling at ₹ 110.09 per litre today, while on April 2, it was selling at ₹ 108.21 per litre. On April 5, it is being sold at ₹ 114.28 per litre, whereas on April 2 the price in Kolkata was ₹ 112.19 per litre. Petrol prices are the highest in Mumbai among the four metro cities, where it is being sold at ₹ 119.67 per litre. Any changes in petrol and diesel prices are implemented with effect from 6 am every day. Globally, oil futures rose today as the potential for more sanctions following alleged war crimes by Russian troops in Ukraine added to concerns about supply disruptions. On April 2, petrol was selling at ₹ 117.57 per litre in the financial capital of the country.

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Image courtesy of "Zululand Observer"

Relentless fuel price increase continues - Zululand Observer (Zululand Observer)

These are record fuel prices across the board and while government's intervention has cushioned the blow somewhat, it hasn't entirely taken the pain away,” ...

The price cap for diesel in Gauteng is now set at R21.01/l and R20.39 at the coast. Given these increases, 95ULP will now cost R21.96/l in Gauteng and R21.24 at the coast. And, as the country heads closer to winter, illuminating paraffin will now cost R15.84/l in Gauteng and R15.02 at the coast dealing yet another blow to the poorest of the poor who use this fuel for heating, cooking, and lighting. It also has indicated that it is looking at several proposals to deal with rising fuel costs in the future. “The intervention to cut the GFL is significant as it shows the government is taking the issue of rising fuel costs seriously, which is to be welcomed. “These are record fuel prices across the board and while government’s intervention has cushioned the blow somewhat, it hasn’t entirely taken the pain away,” says the AA. The AA says it appreciates that there is no quick-fix solution to mitigating rising fuel costs, and that the current high prices cannot be sustained by a consumer base already reeling from increased rates to, among others, electricity costs, food prices, and public transport fares.

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Image courtesy of "TimesLIVE"

Fuel prices to increase on Wednesday — here's what motorists have ... (TimesLIVE)

The minister said fuel price increases are informed by local and international factors including the Russia-Ukraine war which has affected prices globally.

“This intervention will bring needed relief to motorists because it will cushion the high fuel price increases that were anticipated this month, which were a result of global factors. “With respect to diesel, apart from increasing crude oil prices, there is also a shortage of diesel supply which is due to lower exports from Russia as a major exporter of distillate fuel at discounted prices. That is why the rate of price increase in diesel is higher than that of petrol,” said the department.

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Image courtesy of "Moneyweb.co.za"

Consumers face further fuel price hikes (Moneyweb.co.za)

Petrol (both 93 unleaded petrol and leaded replacement petrol): will rise by 28 cents per litre (c/l); Petrol (both 95 ULP and LRP): up 36c/l; Diesel (0.05 ...

However, motorists can look forward to a temporary reduction in the general fuel levy of R1.50 for the next two months from April 6 until May 31. “With respect to diesel, apart from increasing crude oil prices, there is also a shortage of diesel supply which is due to lower exports from Russia as a major exporter of distillate fuel at discounted prices. This has led to a spike in crude oil prices.

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