Fuel on Fire: How High Can Petrol Prices Go?

Fuel on Fire: How High Can Petrol Prices Go?

From Afternoon Drive with John Maytham by CapeTalk

May 1, 2026 · 10 min

About this episode

Barry Mare interviews Lindsey Schutters about the unpredictable nature of petrol prices and the oil market.

Barry Mare speaks to Lindsey Schutters, business journalist at Daily Maverick, to unpack the upper limits of this oil cycle — from historical price peaks to current forecasts that suggest the market could be entering uncharted territory. From supply shocks to speculative trading pressure, the global oil system is now reacting in ways that make price ceilings increasingly difficult to predict. Presenter John Maytham is an actor and author-turned-talk radio veteran and seasoned journalist. His show serves a round-up of local and international news coupled with the latest in business, sport, traffic and weather. The host’s eclectic interests mean the program often surprises the audience with intriguing book reviews and inspiring interviews profiling artists.  A daily highlight is Rapid Fire, just after 5:30pm. CapeTalk fans call in, to stump the presenter with their general knowledge questions. Another firm favourite is the humorous Thursday crossing with award-winning journalist Rebecca Davis, called “Plan B”.  Thank you for listening to a podcast from Afternoon Drive with John Maytham  Listen live on Primedia+ weekdays from 15:00 and 18:00…

People in this episode

Host: John Maytham

Guest: Lindsey Schutters

Topics covered

  • petrol prices
  • oil cycle
  • market forecasts
  • supply shocks
  • speculative trading

Keywords

  • petrol prices
  • oil cycle
  • market forecasts
  • supply shocks
  • trading pressure

Mentioned in this episode

Organizations: Daily Maverick, CapeTalk

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