Slight drop in June fuel prices

Slight drop in June fuel prices

The price of fuel is dropping at midnight as the general fuel levy kicks in.

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The cost of both grades of petrol will decrease slightly by 5 cents a litre.


The price of diesel is going down 36 cents a litre and illuminating paraffin by 75 cents a litre.


The Mineral and Petroleum Resources Department's Robert Maake says the rand was stronger during the period under review. 


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"The average international petroleum product prices of petrol increased (under recovery) due to the switching costs to summer fuel grade in preparation for summer driving season in the Northern Hemisphere. The prices of diesel and illuminating paraffin followed the decreasing trend of crude oil.


“These factors led to higher contributions to the Basic Fuel Prices of petrol by 19.11 cents per litre and lower contributions to the Basic Fuel Prices of diesel and illuminating paraffin by 11.91 c/l and 16.70 c/l respectively.


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"The Minister of Finance, in his Budget Vote Speech on the 21st of May 2025, announced that the Fuel Levy will increase by 16.00 c/l on petrol and 15.00 c/l on diesel, respectively, with effect from the 4th of June 2025.


“Therefore, the Fuel Levy in the price structures of petrol and diesel will increase to 415.00 c/l and 402 c/l, respectively. The Road Accident Fund levy remain unchanged at 218.00 cents per litre on the price structures of petrol and diesel."     


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