Cape Town – South African motorists will benefit from significant fuel price cuts from Wednesday, 1 July 2026, as announced by the Department of Mineral Resources and Energy (DMRE).
Petrol prices will drop by about R2 per litre, while diesel will decrease by between R3.14 and R3.59 per litre. Illuminating paraffin will also become cheaper, though LP gas prices will see a slight increase.
The price cuts are driven by lower international oil prices, a stronger rand, and reduced contributions to basic fuel costs, including a lower slate levy. Brent crude oil fell sharply during the review period, while improved global supply conditions also helped ease prices.
Despite the decreases, the reinstatement of full fuel levies from the end of temporary relief measures will partially offset some of the gains for consumers.
Follow African Insider on Facebook, X and Instagram
Picture: Pixabay
For more African news, visit Africaninsider.com
Compiled by Betha Madhomu

