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Fuel price increases expected in August

Fuel prices are expected to rise in August. According to the latest information from the Department of Energy announced this morning, it could be expected that the price of gasoline 93 (ULP & LRP) in Gauteng could increase by 12,9 cents per liter on Wednesday, 2 August 2017 and the price of diesel with a 0.005% sulphur content by 26,6 cents per liter, says independent economist Fanie Brink.

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Even lower fuel price expected in July

Fuel prices are expected to decline even further in July. According to the latest information from the Department of Energy announced this morning, the price of gasoline 93 (ULP & LRP) in Gauteng can decrease on Wednesday, 5 July 2017 by 67,6 cents per liter and the price of diesel with a 0.005% sulphur content by 60,7 cents per liter, says independent economist Fanie Brink.

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Lower fuel price expected in June

Fuel prices are expected to decline in June. According to the latest information from the Department of Energy announced this morning, the price of gasoline 93 (ULP & LRP) in Gauteng can decrease on Wednesday, 7 June 2017 by 24,4 cents per liter and the price of diesel with a 0.005% sulphur content by 19,2 cents per liter, says independent economist Fanie Brink.

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Long awaited fuel crisis

"The latest findings on the impending fuel crisis in the fuel industry in South Africa were long awaited. The oil companies have for many years not invested their own capital to upgrade their outdated refineries and they are expecting it from the government to make the fuel consumer responsible for the costs of the upgrading," says Fanie Brink, an independent agricultural economist.

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