Major relief for motorists as fuel prices drop

The announcement by the Department of Mineral Resources & Energy that fuel prices are set to drop with effect from tomorrow (July 4) comes as a major relief for South African motorists.

South Africa’s fuel prices are adjusted monthly, 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, eg shipping costs.

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Based on current local and international factors, the fuel prices for July 2024 will be adjusted as follows:

• Petrol 93 (ULP & LRP): One hundred and five cents per litre (105.00 c/l) decrease.
• Petrol 95 (ULP & LRP): Ninety-nine cents per litre (99.00 c/l) decrease.
• Diesel (0.05% sulphur): Thirty point three eight cents per litre (30.38 c/l) decrease.
• Diesel (0.005% sulphur): Twenty-four point three eight cents per litre (24.38 c/l) decrease.
• Illuminating Paraffin (wholesale): Eighteen cents per litre (18.00 c/l) decrease.
• SMNRP for IP: Twenty-four cents per litre (24.00 c/l) decrease.
• Maximum LPGas Retail Price: Twenty-two cents per kilogram (22.00 c/kg) decrease.

The fuel prices schedule for the different zones will be published today (July 3).

The news provided to you in this link comes to you from the editorial staff of the Ladysmith Gazette, a sold newspaper distributed in the Ladysmith area.

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