Pretoria – Mineral Resources and Energy Minister Gwede Mantashe has announced the adjustment of fuel prices that will see petrol cost less while diesel cost more from midnight.
The adjustments based on current local and international factors are effective from Wednesday, (5 July 2023).
The stronger rand affected petrol and illuminating paraffin prices positively, resulting in an overall decrease
“The BFP Octane differential has changed during the previous quarter and therefore the retail prices of 95 and 93 petrol octanes will be different in each fuel-pricing zone with effect from 5 July 2023,” explained the minister.
Based on current local and international factors, the fuel prices for July 2023 will be adjusted as follows:
- Petrol (both 93 ULP and LRP): Twenty-four cents per litre (24.00 c/l) decrease,
- Petrol (both 95 ULP and LRP): Seventeen cents per litre (17.00 c/l) decrease,
- Diesel (0.05% sulphur): Eighteen cents per litre (18.00 c/l) increase,
- Diesel (0.005% sulphur): Twelve cents per litre (12.00 c/l) increase,
- Illuminating Paraffin (wholesale): Four cents per litre (4.00 c/l) decrease,
- SMNRP for IP: Five cents per litre (5.00 c/l) decrease,
- Maximum LPGas Retail Price: two hundred and ninety-six cents per kilogram (296.00 c/kg) decrease.
The fuel prices schedule for the different zones will be published today, 4 July 2023.
