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Tag: global oil market

Upcoming Fuel Price Surge: What It Means For Consumers and the Economy
3

Dec

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Upcoming Fuel Price Surge: What It Means For Consumers and the Economy

Fuel prices are set for an unexpected increase despite earlier predictions of a decrease, reflecting the volatile global oil market and fluctuating South African rand. Adjustments effective from December 3, 2024, reveal a rise in petrol and diesel prices, with global economic factors, including the US election and OPEC+ meetings, contributing to the changes. Consumers brace for financial impact amidst unstable international markets.

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