Official petrol price decreases for June announced

South African motorists can expect a modest relief at the pumps this June, as the Department of Mineral Resources and Energy (DMRE) has announced slight decreases in fuel prices effective from Wednesday, 4 June 2025. This marks the fourth fuel price reduction in 2025, contributing to a cumulative decrease of R2.90 per litre for 95-octane petrol since June 2024

📉 Official Fuel Price Adjustments for June 2025

The DMRE has confirmed the following fuel price adjustments:

• Petrol 93 (ULP & LRP): Decrease of 5 cents per litre
• Petrol 95 (ULP & LRP): Decrease of 5 cents per litre
• Diesel (0.05% sulphur): Decrease of 36.90 cents per litre
• Diesel (0.005% sulphur): Decrease of 36.90 cents per litre
• Illuminating Paraffin (wholesale): Decrease of 56 cents per litre
• Single Maximum National Retail Price for Illuminating Paraffin: Decrease of 75 cents per litre
• Maximum LPGas Retail Price: Decrease of 89 cents per kilogram

💸 Inland and Coastal Fuel Prices

After the adjustments, fuel prices will be as follows:

Inland (Gauteng):

• 93 Unleaded Petrol: R21.24 per litre
• 95 Unleaded Petrol: R21.35 per litre
• Diesel 0.05% (wholesale): R18.53 per litre
• Diesel 0.005% (wholesale): R18.57 per litre
• Illuminating Paraffin: R12.49 per litre
• LPGas: R37.34 per kilogram

Coastal (e.g., Cape Town):

• 93 Unleaded Petrol: R20.45 per litre
• 95 Unleaded Petrol: R20.52 per litre
• Diesel 0.05% (wholesale): R17.70 per litre
• Diesel 0.005% (wholesale): R17.81 per litre
• Illuminating Paraffin: R11.47 per litre
• LPGas: R34.18 per kilogram

📊 Factors Influencing the Price Changes

Several key factors have contributed to the June fuel price adjustments:

1. Stronger Rand: The average Rand/US Dollar exchange rate improved from R18.84 to R18.11 during the review period, leading to lower contributions to the Basic Fuel Prices of petrol, diesel, and illuminating paraffin by over 39 cents per litre .
2. Crude Oil Prices: The average Brent Crude oil price decreased from $66.40 to $63.95 per barrel, influenced by global trade uncertainties and OPEC+’s announcement of planned production increases .
3. International Petroleum Product Prices: While international petrol prices saw a slight increase due to seasonal factors in the Northern Hemisphere, diesel and illuminating paraffin prices decreased, contributing to the overall reduction in fuel prices .
4. Fuel Levy Increase: Despite the positive factors, the Minister of Finance announced an increase in the Fuel Levy by 16 cents per litre for petrol and 15 cents per litre for diesel, effective 4 June 2025. This increase partially offset the potential reductions in fuel prices .

📅 Historical Context and Future Outlook

Over the past year, South African motorists have experienced a cumulative decrease of R2.90 per litre for 95-octane petrol and R2.67 per litre for 93-octane petrol since June 2024 . These reductions have contributed to lower inflation rates, with the Consumer Price Index (CPI) falling below the South African Reserve Bank’s target range, leading to interest rate cuts.

Looking ahead, the stability of the Rand and global oil market dynamics will continue to influence fuel prices. While the current trends are favorable, any significant changes in international markets or exchange rates could impact future fuel price adjustments