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South Africa: Consumer Relief As Petrol, Diesel and Paraffin Prices Decrease

Petrol and diesel prices will fall sharply after lower oil costs and a firmer rand produced large over-recoveries, officials said.

  • On Wednesday, July 1, 2026, South African motorists received significant fuel price relief as the Department of Mineral and Petroleum Resources implemented reductions across petrol, diesel, and illuminating paraffin despite expiring temporary government levy relief.
  • Lower Brent crude oil prices, which fell to around $75 per barrel following a United States and Iran ceasefire agreement, combined with a firm Rand to support the cuts, marking the first decrease in several months.
  • Petrol 93 and 95 prices decreased by 201 cents and 196 cents per litre respectively, while diesel 0.05% and 0.005% fell by 314 cents and 359 cents, providing welcome relief for households and businesses facing high transport costs.
  • The DMPR announced that short-term fuel levy relief has "been phased out," meaning full levies of 429 cents per litre on petrol and 416 cents per litre on diesel are now reinstated, tempering overall savings.
  • Cheaper fuel is expected to ease inflationary pressures during the second half of the year by reducing logistics costs; however, LPGas prices increased by 16 cents per kilogram, with a 19 cents per kilogram hike in the Western Cape.
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South Africa cuts petrol, diesel prices for July as global oil costs ease

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Sunday World broke the news on Tuesday, June 30, 2026.
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