Petrol Price Drop Expected in June – Here’s How Much You Could Pay for Petrol and Diesel Currently. South Africans are paying R21.29 per litre for 93 unleaded petrol in Gauteng, but that price could drop again in June. Motorists have been enjoying consistent relief at the pumps since March, and with fuel prices decreasing again in May, early data suggests a fourth consecutive cut is likely next month.
According to the latest unaudited data from the Central Energy Fund (CEF), local fuel prices are showing an over-recovery of around 30 cents per litre for petrol, and up to 61 cents per litre for diesel, based on current market trends. If these conditions hold steady until the end of May, South Africans can expect to pay even less for fuel from the first week of June.
What You’re Paying Now
As of May, fuel prices in Gauteng are as follows:
- 93 Unleaded Petrol (ULP): R21.29 per litre
- 95 ULP (Inland): R21.40 per litre
- 95 ULP (Coastal): R20.60 per litre
These prices reflect May’s cuts of 22 cents for 95 ULP and 21 cents for 93 ULP, while diesel dropped by 41 to 42 cents per litre, depending on the grade.
June Fuel Price Projections (Mid-Month Estimates)
If current indicators hold, motorists and transport operators could see the following changes from Wednesday, 4 June:
- Petrol 93: ↓ 30 cents/litre
- Petrol 95: ↓ 30 cents/litre
- Diesel 500ppm (wholesale): ↓ 60 cents/litre
- Diesel 50ppm (wholesale): ↓ 61 cents/litre
- Illuminating paraffin: ↓ 63 cents/litre
These estimates, based on mid-May data, offer a promising outlook — particularly for diesel users who’ve been bearing higher transport costs.
What’s Driving the Fuel Price Decrease?
Two main global factors continue to influence local fuel pricing:
- Rand/Dollar Exchange Rate:
A relatively strong rand, trading at R18.04 to the US dollar as of 15 May, has helped ease import costs for fuel. - Global Oil Prices:
The price of Brent Crude Oil stood at $64.44 per barrel, stabilising after a brief surge to $66 amid easing trade tensions between China and the United States.
Despite this good news, experts caution that fuel price over-recoveries could narrow by the end of May. For example, if oil prices tick up again or the rand weakens, the projected savings may diminish to around 15 cents for petrol and 40 cents for diesel.
Final Prices to Be Announced Soon
It’s important to note that the Department of Petroleum and Mineral Resources will make the official announcement on fuel prices at the end of May, with new prices taking effect on Wednesday, 4 June. The final figures may differ from the CEF’s projections due to possible adjustments like changes in the slate levy or retail margins.
If current trends persist, South African motorists could enjoy another noticeable drop in fuel prices in June — offering much-needed relief amid other rising living costs. Keep an eye out for the final announcement later this month to see just how much you’ll be saving at the pump.
Related article: Will the Petrol Price Increase in June 2025?
