Centre for Risk Analysis paints grim picture of diesel prices

·1h ago
Share:PostShare

Zandile. Khumalo Thu, 10/08/2026 - 18:53 JOHANNESBURG - The latest jump in oil prices does not bode well for consumers. The Centre for Risk Analysis expects diesel prices to remain above R30 per litre for the rest of the year. While all fuels have already hit record highs, Diesel is the one causing the most sleepless nights. READ | From farm to supermarket: How the fuel hike will hit consumers It has risen by 77 percent since January to reach R32.80 for low-sulphur diesel. The Centre for Risk Analysis says it's most likely that the current standoff will continue. But if there's an escalation then oil could jump to up to $130 per barrel and diesel prices could reach R36 or even higher.

E

Enca

Original source

Read full story

Related Stories

World1h ago

53 school shooting plots in South Cotabato thwarted

Following a fatal shooting incident at the Banga National High School (BNHS) last month, 53 other plans to launch similar attacks in South Cotabato have been thwarted by police, Interior Secretary Jonvic Remulla reported yesterday.

PPhilstar.com

Headlines and briefs on this site are for information only. Always verify details on the original source or live status page.

Read Disclaimer