Petrol Increase (Feb 2022)
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Petrol Going Up Again
Petrol goes up by 53c/Litre and Diesel jumps by 80c/Litre in February 2022.
Internationally Brent crude is going up and up and tensions in Ukraine (an area important in Europe for oil and gas infrastructure) continue. Currently, 35% of Russia’s 1 million strong military force are hanging out around the border and other countries such as the UK and USA feel that Russia is or was planning to invade.
A weaker Rand has also contributed to the price increase. This now means that the price drop of January 2022 has now almost totally disappeared.