21-05-2025
Good news: Fuel price reprieve all but confirmed for June
South African motorists can anticipate further relief at the pumps in June, with unaudited mid-month data from the Central Energy Fund indicating potential decreases in both petrol and diesel prices. Here is what we could be paying at the pumps from the new month.
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Fluctuations in price have seen South African motorists experience a rollercoaster ride over the past year, but the past several months have yielded decreased prices at the pumps, and that seems set to continue in June. The expected reductions are attributed to a combination of factors, including a relatively stable rand-dollar exchange rate and subdued international oil prices. As of mid-May, the rand was trading at approximately R18 to the US dollar, while Brent crude oil prices hovered around $65 per barrel.
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Predicted June fuel price adjustment summary
Should these conditions persist, the anticipated fuel price adjustments for June are:
Unleaded 93 : Decrease of 26 to 30 cents per litre
: Unleaded 95 : Decrease of 25 to 30 cents per litre
: Diesel 500 ppm : Decrease of 53 to 60 cents per litre
: Diesel 50 ppm:
Decrease of 53 to 61 cents per litre
These projected cuts would mark the fourth consecutive month of fuel price reductions, offering continued financial respite to consumers and businesses alike. Notably, diesel prices are expected to reach a three-year low, which could have positive implications for sectors reliant on transportation and logistics.
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However, it's important to note that these figures are based on mid-month estimates and are subject to change. The Department of Mineral Resources and Energy will announce the official fuel price adjustments at the end of May, with the new prices taking effect on June 4.
Motorists are advised to stay informed of the final announcements to plan their fuel purchases accordingly.
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The post Fuel Price Reprieve All But Confirmed for June 2025 appeared first on CAR Magazine.