Cape Town — Motorists can finally breath a sigh of relief as the latest data from the Central Energy Fund (CEF) points to a decrease in petrol prices for June.
This will mark the first decrease in fuel prices since January, following four consecutive price increases that pushed the petrol price over R25 per litre inland, and R24 per litre on the coast.
According to The South African, current projections as of Monday 27 May says 93 and 95 petrol will decrease by 100 cents each, 0.05% diesel will decrease by 101 cents, 0.005% diesel will decrease by 92 cents, while illuminating paraffin will also drop by 81 cents.
The current fuel projections are based on two factors, namely the current international price of petroleum products and the rand/dollar exchange rate used in the purchase of the products. The rand is currently trading at R18.35 to the dollar, while the price of brent crude oil is $82.80 per barrel.
According to Cars.co.za, unofficial prices for June, as of last week, would be as follows:
| Fuel Type | May’ 24 Inland | May’ 24 Coast | June 24 Inland* | June 24 Coast* |
| Petrol Unleaded 93 | R25.15 | R24.36 | R24.26 | R23.47 |
| Petrol Unleaded 95 | R25.49 | R24.70 | R24.62 | R23.83 |
| Diesel 0.05% | R22.15 | R21.36 | R21.23 | R20.44 |
| Diesel 0.005% | R22.24 | R21.48 | R21.34 | R20.61 |
The final overall price changes for both petrol and diesel will be confirmed in the weeks ahead with the new prices coming into effect at midnight on Tuesday, 4 June.
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Compiled by Matthew Petersen
