Skip to content

Central Energy Fund data points to strong fuel price relief in July

# South Africans can expect huge relief at the fuel pumps early next month. The Central Energy Fund’s latest data shows a strong over-recovery in petrol and diesel prices. Petrol prices are currently over-recovered by 2.94-rand per litre, andbetween 4.57- and 4.97-rand per litre for diesel. Analysts say this points to notable fuel price cuts in July, subject to levy adjustments. This follows after the country was heavily affected by global conflict, with punishing fuel prices weighing on businesses, motorists, airlines, and the taxi industry.