Good news for motorists: Fuel prices have dropped this July

After months of fuel price hikes, South African motorists are set to receive some much-needed relief. From today (1 July), South Africans will pay less for petrol and diesel, as fuel prices have been cut significantly, making trips to the petrol station a little less expensive, 

The decrease comes after a stronger rand and lower international oil prices helped reduce the cost of importing fuel. Although the government’s temporary fuel levy relief has ended, favourable market conditions have led to a significant drop in fuel prices this July. 

Here’s how fuel prices have changed from 1 July: 

• Petrol 93: down R2.01 per litre
• Petrol 95: down R1.96 per litre
• Diesel (0.05% sulphur): down R3.14 per litre
• Diesel (0.005% sulphur): down R3.59 per litre 

Motorists in Gauteng will now pay R25.94 per litre for 93 unleaded and R26.11 per litre for 95 unleaded. A typical full 50 litre-tank of 95 unleaded will now cost nearly R100 less than it did in June, making it the first major fuel price decrease after several months of increases.   

The price decrease follows weeks of uncertainty in global oil markets, as easing tensions in the Middle East helped stabilise oil prices during the fuel price review period. A slightly stronger rand also contributed to bringing down the basic fuel price in South Africa.  

While fuel prices may continue to rise and fall with changes in global markets and the rand, motorists can at least enjoy some much-needed savings every time they fill up this month.   

Here’s a few ideas to put your fuel savings to good use:

• Take a road trip to the Kruger National Park and experience some of South Africa’s best wildlife viewing, as the dry winter season makes it easier to spot wildlife around the rivers. 

• Just over an hour from Johannesburg, the Magaliesberg offers scenic hiking trails, cosy lodges and unforgettable hot-air balloon rides.  

• Or keep it in the Inner-City and catch Woza Albert! at the Market Theatre from 15 to 26 July as the iconic South African protest play returns home as part of the venue’s 50th anniversary celebrations. 

Wherever you’re heading this winter, July’s fuel price drop means your next adventure will be a little more affordable.