petrol price News
Latest articles and news about petrol price on AXL Media.
Latest Articles
- Old Mutual Analysis Suggests South African Treasury May Extend Fuel Levy Relief Using Mining Tax Windfall
Published: Apr 26, 2026
Section: Africa
Old Mutual Investment Group (OMIG) indicates that the South African government possesses the fiscal capacity to extend the R3 fuel levy cut beyond its current three-month window. S...
- Dangote Refinery Slashes Petrol Price to N1,200 as Global Crude Benchmarks Drop Following Middle East Truce
Published: Apr 8, 2026
Section: Africa
The Dangote Petroleum Refinery announced a price reduction for Premium Motor Spirit to N1,200 per litre on April 8, 2026. This reversal of a previous increase follows a 13% drop in...
- South African Motorists Warned Of Legal And Insurance Risks Following Massive Fuel Price Surges And Home Storage Hazards
Published: Apr 4, 2026
Section: Africa
The South African Insurance Association has issued an urgent warning against storing fuel at residential properties following significant price hikes and nationwide shortages. Non...
- South African Government Announces Emergency 3 Rand Fuel Levy Cut to Buffer Record Price Hikes
Published: Mar 31, 2026
Section: Africa
Finance Minister Enoch Godongwana has introduced a temporary reduction of the general fuel levy by 3 rand per litre, effective April 1, 2026. This emergency intervention aims to mi...
- Domestic Refining Success: Nigeria Maintains Competitive Fuel Prices Amid Global Geopolitical Instability And Middle East Supply Shocks
Published: Mar 21, 2026
Section: Africa
Despite rising international crude costs, Nigeria’s petrol prices remain among the lowest globally, currently averaging $0.88 per litre. Industry analysts credit the operations of...
- South African Fuel Prices Project Near Four Rand Spike Amid Middle East Escalation And April Tax Hikes
Published: Mar 14, 2026
Section: Africa
Motorists face a significant financial shock in April as global oil prices surge above 100 dollars following the launch of Operation Epic Fury in the Middle East. Compounding marke...
- NIGERIAN FUEL CRISIS: PETROAN Warns Petrol Could Surge to N2,000 as Middle East Conflict Destabilizes Global Supply
Published: Mar 9, 2026
Section: Africa
The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has issued a dire economic forecast, predicting that domestic petrol prices may hit N2,000 per litre....
- Pakistan Implements Record Fuel Price Hike of 55 Rupees Amid Escalating US-Israel-Iran Conflict
Published: Mar 7, 2026
Section: World
The Pakistani government announced a historic 20 percent increase in domestic petroleum prices on Friday, citing a surge in global crude costs linked to the widening Middle East wa...
- South African government announces fuel price increases for March as Middle East volatility impacts energy markets
Published: Mar 3, 2026
Section: Global Economy
The Department of Petroleum and Mineral Resources has confirmed that fuel prices will increase across South Africa starting Wednesday, March 4, 2026. While the South African rand s...