Large cuts in petrol, diesel prices announced | Business

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Petrol is now the cheapest it's been since February 2022, when Russia's invasion of Ukraine triggered a spike in oil prices. | News24_Business

Diesel prices remain more elevated than petrol and are still above levels last seen in April. In a statement, the department of mineral resources and energy said that the average Brent oil price fell from $88.

77 a barrel to $85.08 over the past month. Newsletter
 

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_Business I can't be happy for that; i'll only if the price remains until the end of the year 🤣🤣🤣😂😂

_Business Fuel is overpriced in SA so a small reduction is not a cause for celebration.

_Business Can we go back to R15 something please

_Business wat rook julle wat was die petrol prys in Januarie?

_Business Diesel is what the cogs of industry uses...still way to pricey.

_Business You lot take us for fools with your skewed reporting

_Business 'Petrol is now the cheapest it's been since February 2022, when the US proxy war & Sanctions on Russia triggered a spike in oil prices.' Fixed it for you

_Business Rusland se olie en veral gas baie goedkoop. So hoe dom was dit om sanksies teen hulle in te stel?

_Business What's stopping the Gvt from buying Russian Crude oil which will make it at least +/- R11 . Only clever blacks will celebrate the R2 decrease

_Business After 2months it will increase by R2.72.

_Business Its cheaper where

_Business Does this mean prices of food will go down tooo or will the retailers continue to stay silent!!!!

_Business This is unbelievable I never believe this is real at first I was so afraid if it's real because a lot of things is going on now in South Africa decided to Trade whit Brandonkaren11 really appreciate God has been using you to turn people's life

_Business Stop lying fuel prices in Africa are not based there Ukraine and Russia war but based on Ramaphosa

_Business Lies lies

_Business 2 rand isn't a large cut considering how much it did go up by. Other countries bought cheap russian oil at the time and saved themselves, we could have done the same.

_Business A measured information.....

_Business Futsek! 🖕 It is still expensive compared to January 2022. Don't play with words to defend Ramaphosa's administration that is making S Africans suffer. Tsek again 🖕

_Business Not for South Africans

_Business Good news for cars and public transport owners but nothing for people like myself. Food and transport fares will remain expensive as it was yesterday

_Business Petrol prices going down doesn't mean prices of everything else goes down too. Once prices goes up as a result of fuel prices going up, they stay up there even when fuel prices go down. The damage that is done by fuel prices going up is not fixable.

_Business Brent crude oil dropped because of the fear of global recession but the repo rate is increasing quarterly, please educate me because the increase of repo by Lesego Kganyago did not make sense..

_Business Good news is much needed.

_Business Vladimir Putin's senseless war is failing

_Business How much money did these guys chow since last Feb? My phone screen is tooo small for the ZEROS in that number!🤣

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