Loading…
South Africa's government said the wholesale diesel price will fall by up to 1.20 rand per litre from November 4. The regulated petrol pump price will be little changed, down 1 cent per litre.
Lower diesel costs ease fuel and freight expenses for feed millers and haulers in South Africa, though the effect on global diesel and crude prices is minimal.
cnbcafrica.comReutersNov 3, 2026After 79 past bearish macro events, DIESEL moved a median -1.0% over 5 sessions (39% higher; middle half -5.7% to +1.7%), and -1.5% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
