Petrol fuel prices

Local fuel prices are determined by international oil prices, as well as the dollar-rand value, as South Africa buys oil in dollars. Petrol and diesel prices ...

The invasion of Ukraine has triggered an oil price shock. Also, the US released some of its oil strategic stocks to curb price increase. Petrol and diesel prices have surged by more than a third over the past year.

Illuminating paraffin will increase by 79.6 c/ℓ, while liquid petroleum gas will rise by 69c/kg. Advertisement. A decrease in Brent crude oil prices, ...

However, the ongoing conflict in Ukraine is keeping the price of crude oil high. This is in addition to decreased Chinese Brent crude demand on the back of Covid-19 restrictions in the country and the release of US strategic oil reserves to absorb oil price increases. A decrease in Brent crude oil prices, from $109.37/bl to $104.78/bl has contributed to the lower petrol price.

New Delhi: Petrol and diesel prices were unchanged for the 27th consecutive day on Tuesday across metro cities. In Delhi, a litre of petrol costs ₹ 105.41, ...

Any changes in fuel prices are implemented with effect from 6 am every day. Petrol and diesel prices were unchanged for the 27th consecutive day on Tuesday across metro cities. Fuel prices are the highest in Mumbai among all four metro cities. - Petrol, Diesel Prices Today In India: Fuel Rates Unchanged For 20 Days In A Row - Petrol, Diesel Prices Kept Unchanged For 26 Days In A Row. See Rates Petrol now costs ₹ 110.85 in Chennai, while diesel price stands at ₹ 100.94. In Kolkata, petrol is retailed at ₹ 115.12 and diesel is sold at ₹ 99.83.

Mineral resources and energy minister Gwede Mantashe on Tuesday announced the adjustment of fuel prices based on local and international factors. “SA's fuel ...

“The impact of these two factors was not that significant as the average price of crude oil only decreased slightly during the period under review and is still high. “The average Brent Crude oil price decreased from $109.37 to $104.78 during the period under review. Furthermore, the US announced the release of crude oil strategic stocks to curb crude oil price increases,” the department said.

Petrol, Diesel Prices on May 3: Petrol in Delhi will now cost Rs 105.41 per litre as against Rs 104.61 previously while diesel rates have gone up from Rs ...

Although all efforts are made to keep the information concurrent, News9live is not responsible for any discrepancies in local prices. Petrol, Diesel Prices Today: Petrol and diesel prices remained unchanged for the 27th day in a row on Tuesday i.e. May 3. These prices are sourced from third parties. 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. Disclaimer: The petrol and diesel prices given here are subject to change on a daily basis. 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. Diesel price per litre (In Rs.) Petrol in Delhi will now cost Rs 105.41 per litre as against Rs 104.61 previously while diesel rates have gone up from Rs 95.87 per litre to Rs 96.67 according to a price notification of state fuel retailers. Petrol price per litre (In Rs.) The last time petrol and diesel prices were hiked by 80 paise on April 6, taking the total increase in rates in the last 43 days to Rs 10 per litre. In all, petrol and diesel prices have gone up by Rs 10 per litre each. The rise in fuel prices on April 6 was the fourteenth increase in prices since the ending of a four-and-half-month long hiatus in rate revision on March 22.

While the adjusted fuel prices for May show a decrease in the cost of both grades of petrol, the Automobile Association (AA) says the significant increases ...

The question now is how government plans to deal with the fuel price going forward, and how, ultimately, this will result in sustainable relief for SA consumers.” The department notes these prices climbed “because there is still a shortage of diesel supply which is due to lower exports from Russia as major exporter of distillate fuel, low inventories globally as well as higher demand for distillates”. “Naturally, the decreases to petrol are welcome.