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Comair suspends its kulula.com, British Airways flights View Online SA Money Daily The biggest business, economic and market news of the day. AHMED AREFF , FIN24 DEPUTY EDITOR As petrol breaches R24/litre, red-hot oil price spells more pain On Wednesday, the price of petrol reached a new historic high – and plenty more record-breakers are expected in coming months, as red-hot oil prices may not cool soon.   The inland fuel price of 95 octane unleaded petrol (in Gauteng) rose to R24.17 a litre – from R17.13 a year ago. The price of 93 unleaded reached R23.94/l on Wednesday. The wholesale price of diesel in Gauteng increased to around R23.06/l. Petrol prices would have topped R25 a l...

PLUS: Mkhwebane reveals how Abramjee gave her legal opponents text advice View Online Good Morning, SA As expected, motorists were queuing up at fuelling stations across the country to try and beat Wednesday's new historic high petrol price – with plenty more record-breaking hikes looming in the coming months, on the back of soaring oil prices. The news couldn't be any worse for SA consumers, who already face a daily struggle against the rising costs of living. SHELDON MORAIS , ASSISTANT EDITOR: BREAKING NEWS As petrol breaches R24/litre, red-hot oil price spells more pain The latest : The price of petrol reached a new historic high and plenty more record-breaking price hikes are expe...