The Science Of ...

How fuel prices are really determined

The price calculation is really scientific; it’s not a thumb suck.

Rocco Strydom

The fuel levy is not ring-fenced; it goes directly into the fiscus.

Rocco Strydom

We rely on the price of Brent Crude.

Rocco Strydom

The retailer gets R1.80 per litre.

Rocco Strydom

The Money Show’s Bruce Whitfield interviewed oil and energy expert Rocco Strydom for his weekly “The Science Of” feature.

Strydom spoke about how prices are determined.

For more detail listen to the interview in the audio below.

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Article brought to us by Old Mutual.

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