Petrol Pricing Updates: What’s Happening Now?
If you’ve noticed the price on your fuel receipt creeping up, you’re not alone. Every week South Africans see a new number at the pump, and it can feel like a mystery why it changes. The good news is that most of the factors behind those numbers are public, and understanding them helps you plan better.
What’s Driving the Latest Price Changes?
The biggest driver is the global price of crude oil. When Brent or WTI moves up, South Africa usually follows because we import a lot of our oil. But it’s not just the barrel cost – the exchange rate matters too. A weaker rand means more rands to buy the same amount of dollars needed for oil contracts.
Local taxes are another piece of the puzzle. The fuel levy and road‑maintenance tax are set by government each year, and any adjustment shows up directly on the pump. Seasonal demand also plays a role; during holidays or long weekends, more people travel, which can push prices higher for a short spell.
How to Keep Your Wallet Safe When Fuel Prices Rise
One simple trick is to track price changes in real time. Websites like the Department of Mineral Resources and Energy (DMRE) post daily averages for each province, so you can spot cheaper stations nearby before you fill up.
Another tip is to adjust your driving habits. Shorter trips, steady speeds, and keeping tires properly inflated can shave off a few cents per litre in fuel consumption – it adds up over months.If you have a loyalty card or use a mobile app that offers discounts at certain stations, make sure you’re signed up. Many retailers run weekly promotions that aren’t advertised on billboards but show up in their apps.
Lastly, consider carpooling or using public transport when possible. Sharing the ride cuts fuel costs for everyone and reduces traffic congestion, which actually saves fuel too.
Keeping an eye on global oil news, watching the rand’s movement, and checking local tax updates will give you a clearer picture of why your next fill‑up might be more expensive. Armed with that knowledge, you can choose the right time to pump and use simple habits to stretch each litre further.