Fuel prices over the years
- At October 05, 2016
- By Chris
- In News
- 0
In comparison to July 2007 we are now paying exactly the same price per barrel of Brent Crude R 620-00. In July 2007 crude was selling for US$ 76 per barrel and the Rand was worth R 7 to the US$. Although we currently pay only US$ 48 per barrel the devaluation of the South African Rand over the years has a severe effect on the price of fuels.