@encanews: BP made about R93 billion. Your fuel bill comes later. The same oil-price surge feeding energy profits can move through South Africa’s pumps the following month. So why does the company win before the motorist even sees the bill? Watch the full episode on enca.com. #eNCA
It’s the Rocket Feather phenomenon. Price goes up quick and high like a rocket but falls down as feather (slow). Fuel companies stands to profits greatly from the sudden price increases and again when the price goes down/as it tapers downs. And the crude an oil company would have bought just before the increase will sell at an increased petrol/diesel price.
2026-08-04 20:12:13
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Macaylan Velayutham :
Whilst we all keep distracted with alcohol, drugs and sports and fight each other over race and religion, the billionaires are manipulating markets and laughing all the way to the bank.
2026-08-05 05:40:29
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laaiqah112 :
Pathetic - why do we pay so much at the pumps. We should refrain from filling up asap. 🤦♀️
2026-08-04 19:30:47
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shamz2023 :
Why is BP South Africa, not running the competition, when a Motorist qualifies for a free model car after filling up 4 times?
2026-08-05 08:46:07
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leric :
here is how they make massive profits,they lock the oil price before it increases and then sell the petrol at new high prices meaning high margins.They sell previous quarter or month's stock with current prices
2026-08-04 19:37:55
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INSOLA :
Man realised he’s in the wrong space!😭
2026-08-04 18:28:51
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mxm.gpt :
And Sasol?
2026-08-05 06:14:33
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Adman1020 :
A quarter of 4 months? No wonder they did so well.
2026-08-04 18:35:35
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TikTokNewsSA :
If the margins stay the same how are they making more money...petrol is a scam!
2026-08-04 20:10:01
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Auntie Ken :
Watching a white man playing this "oh goodness" role is pmo
2026-08-04 18:07:55
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13 :
😡😡
2026-08-05 05:10:33
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nix007 :
😱😱😱
2026-08-04 20:00:41
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Resident Vukuza Maweni :
@blueballoon202 😭
2026-08-05 05:32:55
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Alton Beukes :
🥰🥰🥰
2026-08-05 06:36:55
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