Here is the official petrol price for July
The Department of Mineral Resources and Energy has published the official fuel price adjustments for July 2023.
Petrol prices will be decreasing by 17 to 24 cents per litre, while diesel will be going up by 12 to 18 cents per litre.
The changes will come into effect from Wednesday, 5 July 2023.
The average international product prices for Petrol, Diesel and Illuminating Paraffin increased during the period under review.
The Rand appreciated against the US Dollar during the period under review, on average, when compared to the previous period. The average Rand/US Dollar exchange rate for the period 02 June 2023 to 29 June 2023 was 18.6825 compared to 18.9854 during the previous period.
This led to a lower contribution to the Basic Fuel Prices on petrol, diesel and illuminating paraffin by 19.77 c/l, 18.70 c/l and 18.91 c/l, respectively.
In terms of the Working Rules to administer the BFP, the differentials between 95 and 93 petrol grades are adjusted at the beginning of each quarter. The BFP differentials between 95 and 93 petrol grades have changed, and therefore the different price adjustments between the two grades.
In line with the provisions of the Self-Adjusting Slate Levy Mechanism, the Slate levy on petrol and diesel will remain at 0.00 c/l with effect from 05 July 2023.
This is how the price changes will reflect at the pumps:
Read: Warning for petrol prices in South Africa
