Samsung Galaxy S25 shows why Honor is eating its lunch in SA
Lindsey Schutters
Slight decrease in petrol price for July, diesel price set to increase
Looking at the latest unaudited data from the Central Energy Fund (Cef), the Automobile Association (AA) says that the prices for petrol and illuminating paraffin will decrease while the price for diesel will increase from Wednesday, 5 July.
Source: © CHARAN RUTTANASUPPHASIRI – 123RF.com
According to Cef's data, both grades of petrol are expected to decrease by between 17c/litre and 25c/l, while diesel is expected to increase by around 20c/litre. Illuminating paraffin is set for a marginal decrease of 3c a litre.
“The breakdown of the data shows that the average exchange rate used in the basic fuel price decreased over June from around R19.50 to the US dollar to around R18.80 to the USD, which accounts for most of the petrol price decrease. However, the movement in international oil prices is impacting negatively on diesel, contributing significantly to its expected increase.
“A decrease in the price of petrol is naturally welcome news and will provide some relief to embattled consumers. The increase to diesel, though, means input costs in, amongst other sectors, the agricultural and manufacturing sectors, are also likely to increase which may result in higher prices for consumers,” notes the AA.
Related
Official fuel price changes: petrol and diesel prices dip 4 Mar 2025 Middle East tension spoils petrol party in SA for November 4 Nov 2024 November set to bring higher fuel prices as official announcement looms 31 Oct 2024 Mantashe readies SANPC Bill for parliament 14 Oct 2024 New SA National Petroleum Company gets Compcom nod 20 Sep 2024 Second fuel price hike in Nigeria in as many weeks 17 Sep 2024 South Africans rejoice at fourth fuel price drop 3 Sep 2024 Good news for motorists as fuel prices decrease 3 Jul 2024
