Your Fuel Light is On

Your Fuel Light is On

The latest Credit Stress Report shows us that Fuel prices continued to soar in 2021 Q3, setting new records. Petrol prices averaged R18.01, while Diesel reached R15.41. The rise in fuel prices was due to QoQ crude oil prices increasing by 7% combined with a weak rand. The weak rand in 2021 Q3 was mainly due to low commodity prices.
Sources: one

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