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Minister of Mineral Resources and Energy, Gwede Mantashe, on Monday announced the adjustment of fuel prices based on current local and international factors with effect from the 7th of June 2023.
South Africa’s fuel prices are adjusted on a monthly basis, informed by international and local factors. International factors include the fact that South Africa imports both crude oil and finished products at a price set at the international level, including importation costs, e.g. shipping cost.
Based on current local and international factors, the fuel prices for June 2023 will be adjusted as follows:
Petrol (both 93 and 95 ULP & LRP): Seventy one cents per litre (71.00 c/l) decrease.
❖ Diesel (0.05% sulphur): Eithty four cents per litre (84.00 c/l) decrease.
❖ Diesel (0.005% sulphur): Eighty cents per litre (80.00 c/l) decrease.
❖ Illuminating Paraffin (wholesale): Forty three cents per litre (43.00 c/l) decrease.