South African motorists are paying significantly less at the pumps from Wednesday, with the July fuel price cuts delivering a bit of relief, reports Cape {town} Etc.
ER Lombard/Gallo Images
According to the Department of Mineral and Petroleum Resources, the official adjustments are as follows:
- Petrol (93 and 95 unleaded) is decreasing by up to R2.01 per litre
- Diesel (wholesale) is dropping by more than R3.59 per litre.
— Department of Mineral and Petroleum Resources (@DMPR_ZA) June 30, 2026
The cuts follow weeks of easing global oil prices after tensions in the Middle East began to settle.
Stronger rand and fuel price cuts
Data from the Central Energy Fund showed major over-recoveries building through June, as Brent crude slipped into the mid-$70 range and the rand held steady against the US dollar. The department said the average exchange rate improved to R16.37 to the dollar over the review period, helping to lower the basic fuel price across petrol, diesel and illuminating paraffin.
The cuts come even as government’s temporary fuel levy relief expires fully from 1 July, returning the general fuel levy to its full rate. The scale of the international over-recovery was large enough to absorb the tax increase and still deliver a net saving for consumers.
The cuts confirm projections previewed earlier this month, with early Central Energy Fund recovery data pointing to sizeable decreases ahead of the official announcement.
Article by Angelica Rhoda for Cape ETC
Follow us on social media for more travel news, inspiration, and guides. You can also tag us to be featured.
Instagram | Facebook | Twitter | Spotify
ALSO READ:
