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This month, drivers will have greater relief as prices for both fuel grades are expected to go down for
a second month running.
Along with a rise in the cost of both kinds of diesel, it is expected that the price of lighting paraffin
and LP Gas will also fall.
Petrol prices are set to decrease by 17 to 25 cents per litre when fuel prices are officially adjusted
this Wednesday. If you are a diesel user, then there’s more bad news for you as diesel prices are set
to go up by 12 to 18 cents per litre.
The department explained the factors that led to the decreases in pricing.
“The average Brent Crude oil price decreased slightly from USD $75.90 to 75.10 per barrel during the
period under review. The average international product prices of petrol, diesel and illuminating
paraffin increased during the period under review while the price of LPG decreased.
“The Rand appreciated, on average, against the US Dollar from R18.99 to R18.64 per USD during the
period under review when compared to the previous one. This led to lower contributions to the
Basic Fuel Prices of petrol, diesel and illuminating paraffin by 19.77 c/l, 19.21 c/l and 18.91 c/l
“The stronger Rand affected petrol and illuminating paraffin prices positively, resulting in an overall
decrease,” the DMRE said.
The new pricing will go into effect today 5 July.