The Department of Mineral Resources and Energy has announced changes to fuel prices starting July 4th, 2024. These changes are influenced by various factors both within South Africa and globally.
Fuel prices in South Africa are adjusted monthly based on global crude oil prices, international costs of petroleum products, and the exchange rate between the Rand and the US Dollar.
Revised Fuel Prices for July 2024 :
• Petrol 93 (ULP & LRP): Decrease by R1,05 per litre.
• Petrol 95 (ULP & LRP): Decrease by 99.00 cents per litre.
• Diesel (0.05% sulphur): Decrease by 30.38 cents per litre.
• Diesel (0.005% sulphur): Decrease by 24.38 cents per litre.
• Illuminating Paraffin (wholesale): Decrease by 18.00 cents per litre.
These adjustments mark a welcome relief for consumers amid ongoing economic challenges. The Department of Mineral Resources and Energy assures the public that fuel prices will continue to be reviewed monthly, taking into account both domestic and global economic dynamics.
PIXELS | ENGIN AKYURT
Pixels|Engin Akyurt
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