Newsbreak - Lotus fmNewsbreak - Lotus fm

#PODCAST Road Freight Association warn of higher prices at the tills, as the Middle East conflict drives hikes #sabcnews

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By Newsbreak Producer Tashlan Naidoo - The Road Freight Association says the latest fuel price hike coupled with the conflict in the middle east affecting oil trade routes could lead to higher prices being paid at the tills in South Africa. From today, both grades of petrol increased by 20-cent a litre, while the price of diesel increased between 62-cents and 65-cent a litre depending on the grade. The price of brent crude oil yesterday increased by about 3% to just over 80-dollars a barrel. CEO of the Association, Gavin Kelly is hopeful that the conflict will be resolved soon, in turn bringing about stability within the markets and local supply chain...

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Newsbreak - Lotus fm

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