Latest news with #Unleaded
IOL News
6 days ago
- Business
- IOL News
August fuel price adjustments: What petrol and diesel owners need to know
The August fuel price outlook is a mixed bag as motorists are set to fork out more for diesel. Image: Jacques Naude / Independent Media Motorists can look forward to a much-needed reduction in petrol prices at the pumps this Wednesday, whereas diesel prices are set to see a substantial rise. Month-end data from the Central Energy Fund (CEF) is pointing to petrol price decreases of 29 cents for 95 Unleaded and 33 cents for 93 Unleaded, while diesel prices are expected to rise by between 63 cents (50ppm) and 66 cents (500ppm). This follows July's petrol and diesel price increases of up to 55 cents and 84 cents, respectively. In the case of petrol, 95 Unleaded should recede to around R20.79 at the coast and R21.58 in Gauteng, where the slightly less expensive 93 ULP is expected to retail for R21.46. The wholesale price of 50ppm diesel is predicted to reach R19.28 at the coast and R20.04 inland. International product price movements are the driving force behind the August price adjustments, while a slightly stronger South African rand provided relief to the tune of around five cents. Video Player is loading. Play Video Play Unmute Current Time 0:00 / Duration -:- Loaded : 0% Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Background Color Black White Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Transparent Window Color Black White Red Green Blue Yellow Magenta Cyan Transparency Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Dropshadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. Advertisement Next Stay Close ✕ Ad loading It's not unusual for diesel prices to rise during the winter and summer months, due to international demand patterns. In the northern hemisphere's summer, for instance, increased travel and economic activity can drive up prices. However, the main reason for the mid-2025 surge in diesel prices is due to the European Union's restrictions on Russian fuel, Total Energy CEO Patrick Pouyanne told Bloomberg. 'We think that stronger diesel prices will become a persistent feature on the global market,' he said. 'The sources of diesel are now coming from the Middle East or from US refineries further away, so it has increased the cost,' Pouyanne said. Following the August price adjustment, 50ppm diesel will be around 60 cents more expensive than it was at the beginning of this year. 95 Unleaded petrol, on the other hand, will be priced almost identically to its January 2025 level of R20.80. Both petrol and diesel have seen two increases and four decreases this year. Get your news on the go, click here to join the Cape Argus News WhatsApp channel. Cape Argus
Yahoo
29-03-2025
- Automotive
- Yahoo
Cheap gas to promote the use of ethanol-blended fuel
SIOUX FALLS, S.D. (KELO) — A special event is promoting the use of ethanol-blended fuel. If your gas tank is nearing empty, you may want to wait until Saturday to fill up, as the South Dakota Corn Utilization Council and Kwik Star celebrate Unleaded 88 Day. 'Tomorrow is the first Unleaded 88 Day, it's the 88th day of the year, and from 8:00 a.m. to 8:00 p.m., gas will be $1.88 when you choose Unleaded 88,' South Dakota Corn's Amanda Bechen said. 2 arrested in rape, abuse case Amanda Bechen is the senior director of marketing and communications with South Dakota Corn and says Unleaded 88 is approved for all cars 2001 and newer. 'A lot of people don't know that they can use it in their vehicle. 95% of the cars on the road today can use Unleaded 88,' Bechen said. The enthanol-blended fuel was $2.70 Friday morning at Kwik Star on West 85th Street in Sioux Falls, 29 cents cheaper than regular Unleaded. 'I commute every day from Brookings and over a year I save almost a thousand dollars in gas compared to using premium,' Bechen said. 'In a lot of our stations, it's over 50% of our sales and it's growing every day because of the cost savings,' Kwik Star District Leader Joe Stortz said. Joe Stortz is the district leader with Kwik Star and says the partnership with South Dakota Corn is a good one. 'They're a local organization which promotes the local corn growers which also helps the community which Kwik Star is very in tune with helping the local communities, if they thrive we thrive,' Stortz said. The event is part of a larger partnership to educate area drivers on the benefits of unleaded 88. 'Kids in South Dakota can drive at 14 and a lot of parents don't know it's safe to use Unleaded 88 in a vehicle, so educating kids in Driver's Ed, but then also educating that soccer mom or maybe it's somebody that's always used premium gas and they've never realized that they could be experiencing cost savings,' Bechen said. Something to ponder next time you pull up to the pump. The special rate of $1.88 will be available from 8:00 a.m. to 8:00 p.m. Saturday (March 29), at any of South Dakota's eleven Kwik Star locations. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
