South African motorists and commuters could face even steeper fuel prices in the coming months as oil prices surge.
Why are international oil prices rising?
At the same time crude stockpiles have shrunk, while increases in output by OPEC and other major producers including Russia have been unable to temper the rally in the commodity. "It looks like the oil rally has still got some legs," said John Driscoll of JTD Energy Services, adding:"I just don't see any evidence yet that the rally has topped out."
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