Fuel Price News
Latest articles and news about Fuel Price on AXL Media.
Latest Articles
- South African Fuel Under-Recoveries Halve as Global Oil Markets Stabilize Amid Middle East War
Published: Apr 17, 2026
Section: Africa
Data from the Central Energy Fund reveals a significant decline in fuel under-recoveries through the second week of April 2026, though motorists still face substantial price hikes...
- Trade Union Congress Urges Federal Government to Redirect Excess Crude Revenue Toward Feedstock Subsidies for Local Refineries
Published: Apr 10, 2026
Section: Africa
TUC President Comrade Festus Osifo has proposed that 60% of surplus crude oil revenue be used to subsidize local refineries, including the Dangote plant. The labor center argues th...
- National Treasury Halves Fuel Levy To Mitigate R10 Diesel Under Recovery Amid Middle East Conflict Pressures
Published: Apr 4, 2026
Section: Africa
South Africa has implemented a temporary R3 per litre fuel levy reduction for April 2026 to offset massive under recoveries driven by global oil volatility. While the relief will c...
- South African Households Face Unprecedented Economic Strain as Global Fuel Shocks Drive Record Inflationary Pressures
Published: Mar 31, 2026
Section: Africa
Surging global oil prices and a weakening rand have triggered a severe cost of living crisis across South Africa, impacting food, transport, and air travel. The South African Reser...
- Manufacturers Association of Nigeria Demands Urgent Energy Security Reforms as Global Fuel Prices Surge Above $100
Published: Mar 28, 2026
Section: Africa
Director-General Segun Ajayi-Kadir has called for a strategic pivot toward domestic refining to shield the Nigerian economy from Middle East-induced energy shocks. With inflation p...
- Amnesty International Criticizes Tinubu Administration for Inadequate Guidance as Middle East Conflict Triggers Surge in Nigerian Fuel Prices
Published: Mar 17, 2026
Section: Africa
Human rights monitors have accused the Nigerian government of failing to protect low-income earners from the economic shocks caused by the U.S.-Israel military offensive against Ir...
- Kano State Sachet Water Producers Hike Prices to ₦300 Per Bag Amid Surging Production Costs
Published: Mar 11, 2026
Section: Africa
The Association of Table Water Producers (ATWAP) in Kano State has increased the minimum price of sachet water from ₦220 to ₦300 per bag. The adjustment is attributed to the soarin...