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Fuel prices set to go down this week

The Mercury

|

June 03, 2025

FUEL taxes are set to increase for the first time in three years, but a stronger rand will shield South African motorists from fuel price hikes in June.

- JASON WOOSEY

The next fuel price adjustment will take effect tomorrow, and unaudited month-end data from the Central Energy Fund showed that minor price decreases were likely for both petrol and diesel.

Petrol was set for a decrease of around 20 cents per litre, but with the 16 cent hike in the General Fuel Levy (GFL) set to take effect, a reduction of about four cents is on the cards.

93 Unleaded petrol currently costs R21.29 for a litre in Gauteng, with 95 ULP retailing at R21.40 inland and R20.60 at the coast.

Diesel, whose over-recovery for the month pointed to a 51 cent decrease, now looks set to come down by 36 cents following the 15 cent levy hike for that fuel type.

A stronger rand outweighed marginally weaker international oil prices to create over-recoveries for both petrol and diesel.

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