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July 2021 Fuel Price Increases on the cards
July 2021 Fuel Price Increases on the cards-July 2024
2023-12-14 EST 02:30:29

It’s not looking good for motorists as the Automobile Association of SA has confirmed the price of petrol and diesel will be increasing in July 2021.

Based on the monthly unaudited fuel price data from the Central Energy Fund, the Automobile Association of SA has said the prices of all grades of fuel will be going up in July 2021.

“International petroleum prices have climbed throughout June. Even some marginal gains on the Rand have not been enough to counter the rise. On average, the Rand was positive against the US dollar during June, but the daily exchange rate has sagged alarmingly since mid-month, weakening from around R13.75 to the dollar to nearly R14.30,” the AA says.

As it stands, we’re looking at increases of 23 cents a litre for petrol, 38 cents a litre for diesel, while illuminating paraffin will be going up by 32 cents.

“This increase is going to be very difficult for those who use paraffin for cooking, lighting, and especially heating as South Africa heads into the heart of winter,” said the AA. The AA also expressed concern about the exchange rate and oil price for the rest of the year.

“If the Rand continues to slide with oil on an upward trajectory, this could bring further bad news for South Africa’s economy,” the AA concludes.

Further Reading

SA Petrol Price– Where Does Our Money Go?

5 Ways to Beat the Fuel Price Hike

Most Fuel Efficient Budget Cars in SA

Most Fuel-Efficient Double-Cab Bakkies in SA

5 Fuel-Saving Car Features & How They Work

Most Fuel Efficient Budget Cars in SA

Most Fuel Efficient Diesel Cars in SA

Most Fuel Efficient Petrol Cars in SA

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