The South African Petroleum Industry Association (SAPIA) says that diesel and petrol stock availability is improving after the country reduced refining capacity during its lockdown. The group said in a statement on Friday (12 June), that its members are building stock since the lowering of the lockdown alert levels and the recent price changes. “Product imports have arrived at

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With the international oil market stable, rand weakness is likely to be the dominant factor in fuel pricing for the year, says the Automobile Association (AA). “Factors affecting the fuel price have rarely been more finely balanced than they currently are,” the association said. The AA noted that much of the world’s oil is produced in some

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