The owner of a local garage in Midrand has observed instances of a new mugging maneuver. Image: Pixabay/noratamba
Fuel price update: The confirmed petrol and diesel prices for June
The Department of Mineral Resources and Energy has published the latest official fuel price adjustments. It’s GOOD news!
The owner of a local garage in Midrand has observed instances of a new mugging maneuver. Image: Pixabay/noratamba
The Department of Mineral Resources and Energy has confirmed significant petrol and diesel price decreases for South Africa’s motorists, effective at midnight on Tuesday, 4 June.
The news will be welcomed by South Africa’s motorists.
Below, the latest price changes.
| FUEL | PRICE CHANGE | |
| Petrol 93 | decrease of 124 cents | |
| Petrol 95 | decrease of 124 cents | |
| Diesel 0.05% | decrease of 119 cents | |
| Diesel 0.005% | decrease of 109 cents | |
| Illuminating Paraffin | decrease of 80 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 $77.48 a barrel.
Exchange rate
At the time of publishing the rand/dollar exchange rate is R18.73/$.
THE NEW JUNE 2024 PETROL AND DIESEL PRICES (INLAND AND COASTAL):
| INLAND | June |
| Petrol 93 | R23.91 |
| Petrol 95 | R24.25 |
| Diesel 0.05% | R20.96 |
| Diesel 0.005% | R21.15 |
| Illuminating Paraffin | R15.20 |
| COASTAL | June |
| Petrol 93 | R23.12 |
| Petrol 95 | R23.46 |
| Diesel 0.05% | R20.17 |
| Diesel 0.005% | R20.39 |
| Illuminating Paraffin | R14.20 |