The Department of Petroleum and Mineral Resources has confirmed the official fuel price adjustments for this month which will take effect from midnight on Tuesday, 3 June.
May saw volatility in the oil price and the strengthening of the rand against the dollar relative to April.
This resulted in a consistent over-recovery in fuel prices.
However, a hike in the general fuel levy from the latest budget undercut this by around 15 cents per litre.
This has translated to a small reduction in petrol prices in June.
Petrol will be cut by 5 cents per litre for 93 and 95, and there will be a decrease of 37 cents per litre for diesel.
FUEL
PRICE CHANGE
Petrol 93
decrease of 5 cents
Petrol 95
decrease of 25 cents
Diesel 0.05%
decrease of 37 cents
Diesel 0.005%
decrease of 37 cents
Illuminating Paraffin
decrease of 56 cents
FUEL PRICE IN SOUTH AFRICA IMPACTED BY TWO MAIN FACTORS:
1. The international price of petroleum products, driven mainly by oil prices
2. The rand/dollar exchange rate used in the purchase of these products
Oil price
At the time of publishing the brent crude oil price is $65.15 a barrel.
Exchange rate
At the time of publishing the rand/dollar exchange rate is R17.88/$.
The next price changes for both petrol and diesel will be confirmed early next month with the new prices taking effect at midnight on Tuesday, 1 July2025.
Go easy on the accelerator until then, Mzansi.
The new June 2025 petrol and diesel prices (Inland and Coastal):
INLAND
June
Petrol 93
R21.24
Petrol 95
R21.35
Diesel 0.05%
R18.53
Diesel 0.005%
R18.57
Illuminating Paraffin
R12.49
COASTAL
June
Petrol 93
R20.45
Petrol 95
R20.56
Diesel 0.05%
R17.70
Diesel 0.005%
R17.81
Illuminating Paraffin
R11.47
How much do you spend on fuel per month on averagee?
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