{"id":774685,"date":"2024-06-04T10:47:46","date_gmt":"2024-06-04T08:47:46","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=774685"},"modified":"2024-06-04T16:45:26","modified_gmt":"2024-06-04T14:45:26","slug":"here-is-the-official-petrol-price-for-june-5","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/energy\/774685\/here-is-the-official-petrol-price-for-june-5\/","title":{"rendered":"Here is the official petrol price for June"},"content":{"rendered":"\n

The Department of Mineral Resources and Energy has published the latest official fuel price adjustments, which will kick in from Wednesday, 5 June 2024.<\/p>\n\n\n\n

As has been the trend for much of May, fuel recoveries have been in motorists’ favour, with both petrol and diesel showing over-recoveries for the month.<\/p>\n\n\n\n

This has translated to much-needed relief at the pumps, with prices coming down by R1.24 cents per litre for petrol<\/strong> and between R1.09 and R1.19 cents per litre for diesel<\/strong>.<\/p>\n\n\n\n

The table below outlines the changes:<\/p>\n\n\n\n

Fuel<\/strong><\/td>Change<\/strong><\/td><\/tr>
Petrol 93<\/td>decrease<\/mark> of 124 cents per litre<\/td><\/tr>
Petrol 95<\/td>decrease<\/mark> of 124 cents per litre<\/td><\/tr>
Diesel 0.05% (wholesale)<\/td>decrease<\/mark> <\/mark>of 119 cents per litre<\/td><\/tr>
Diesel 0.005% (wholesale)<\/td>decrease<\/mark> <\/mark>of 109 cents per litre<\/td><\/tr>
Illuminating Paraffin<\/td>decrease<\/mark> <\/mark>of 80 cents per litre<\/td><\/tr>
LPGAS<\/td>decrease<\/mark> of 135 cents per kg<\/td><\/tr><\/tbody><\/table><\/div><\/figure>\n\n\n\n

The average international product prices for Petrol, Diesel and Illuminating Paraffin decreased during the period under review.<\/p>\n\n\n\n

The Rand appreciated against the US Dollar during the period under review, on average, when compared to the previous period. The average Rand\/US Dollar exchange rate for the period 26 April 2024 to 30 May 2024 was 18.4664 compared to 18.9036 during the previous period. <\/p>\n\n\n\n

This led to a lower contribution to the Basic Fuel Prices on petrol, diesel and illuminating paraffin by 30.91 c\/l, 29.90 c\/l and 30.03 c\/l respectively.<\/p>\n\n\n\n

The combined cumulative petrol and diesel Slate balances at the end of April 2024 amounted to a negative balance of R696.3 million. <\/p>\n\n\n\n

In line with the provisions of the Self-Adjusting Slate Levy Mechanism, a Slate Levy of 4.38 c\/l (decrease of 17.54 c\/l) has been implemented into the price structures of petrol and diesel with effect from 05 June 2024.<\/p>\n\n\n\n

\"\"<\/a><\/figure>\n\n\n\n
\n\n\n\n

This is how the price changes will reflect at the pumps (Diesel prices reflect wholesale, pump prices will differ):<\/p>\n\n\n\n

Inland<\/strong><\/td>May Official<\/strong><\/td>June Official<\/strong><\/td><\/tr>
93 Petrol<\/td>R25.15<\/td>R23.91<\/mark><\/td><\/tr>
95 Petrol<\/td>R25.49<\/td>R24.25<\/mark><\/td><\/tr>
Diesel 0.05% (wholesale)<\/td>R22.15<\/td>R20.96<\/mark><\/td><\/tr>
Diesel 0.005% (wholesale)<\/td>R22.24<\/td>R21.15<\/mark><\/td><\/tr>
Illuminating Paraffin<\/td>R16.00<\/td>R15.20<\/mark><\/td><\/tr>
LPGAS (per kg)<\/td>R37.66<\/td>R36.31<\/mark><\/td><\/tr><\/tbody><\/table><\/div><\/figure>\n\n\n\n
Coastal<\/strong><\/td>May Official<\/strong><\/strong><\/td>June Official<\/strong><\/strong><\/td><\/tr>
93 Petrol<\/td>R24.36<\/td>R23.12<\/mark><\/td><\/tr>
95 Petrol<\/td>R24.70<\/td>R23.46<\/mark><\/td><\/tr>
Diesel 0.05% (wholesale)<\/td>R21.36<\/td>R20.17<\/mark><\/td><\/tr>
Diesel 0.005% (wholesale)<\/td>R21.48<\/td>R20.39<\/mark><\/td><\/tr>
Illuminating Paraffin<\/td>R15.00<\/td>R14.20<\/mark><\/td><\/tr>
LPGAS (per kg)<\/td>R34.70<\/td>R33.35<\/mark><\/td><\/tr><\/tbody><\/table><\/div><\/figure>\n\n\n\n
\n\n\n\n

Read: Petrol price shock for South African motorists<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

The Department of Mineral Resources and Energy has published the latest official fuel price adjustments, which will kick in from Wednesday, 5 June 2024.<\/p>\n","protected":false},"author":10,"featured_media":644669,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9874],"tags":[26],"class_list":["post-774685","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-energy","tag-headline"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/774685","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=774685"}],"version-history":[{"count":5,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/774685\/revisions"}],"predecessor-version":[{"id":779697,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/774685\/revisions\/779697"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/644669"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=774685"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=774685"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=774685"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}