South African petrol prices drop by around R1/litre in July, potentially benefiting motorists and consumers, with diesel and illuminating paraffin prices also decreasing.

Unaudited data from South Africa's Central Energy Fund indicates a significant drop in petrol prices for July, potentially bringing relief to motorists and consumers. The Automobile Association says ULP93 and ULP95 are expected to decrease by around R1/litre, while diesel and illuminating paraffin prices are likely to drop by around 30c/litre and 25c/litre respectively. This will be the first time this year that prices have fallen in two consecutive months, benefiting those with vehicles and consumers with reduced input costs.

June 27, 2024
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