South African motorists could see some relief at the pumps in June, with diesel prices projected to decline sharply despite ongoing tensions in the Middle East. Petrol prices, however, are expected to rise.
According to mid-month data from the Central Energy Fund CEF, the price of 93-octane petrol is projected to increase by 13c/l, while 95-octane petrol is expected to rise by 19c/l. Meanwhile, the wholesale price of 0.05 diesel is forecast to decrease by R4.41/l, with 0.005 diesel projected to fall by R3.52/l.
However, these figures do not yet account for the partial reintroduction of the General Fuel Levy GFL.
