May fuel cuts: Diesel discount doubles that of petrol

Oil prices, which started to fall after US President Donald Trump announced on April 2nd that he would impose additional taxes on products imported from many trading partners, tested the lowest level in the last four years on April 9th following the retaliatory step taken by China. While these developments brought a discount on diesel, it was learned that another discount is on the way. So, when and by how much will diesel prices increase? Here …

May fuel cuts: Diesel discount doubles that of petrol

Official price drops confirmed South African motorists can expect relief at the pumps this week as the Department of Mineral and Petroleum Resources has confirmed another decrease in fuel prices. This marks the third consecutive monthly drop, following significant cuts in March and April — all thanks to favourable shifts in global oil markets and reduced demand pressures. The adjustments, effective from midnight on Tuesday, May 6, are as follows…