How much it costs to fill up your tank after June’s petrol price changes

South Africans can expect to pay around R1,562 to fill up their cars after this month’s fuel price decreases, depending on the size of the vehicle’s tank and the fuel that it uses.

The country saw a welcome reduction in the cost of both petrol and diesel in June, with diesel in particular falling below the R20-per-litre mark for the first time since March 2022.

The lower fuel prices are largely the result of a drop in the international cost of oil, which resulted in a reduced basic fuel price (BFP) for imported petroleum.

On the other hand, the rand has continued to depreciate against the U.S. dollar, reaching an average of R18.98/USD on 1 June, which negatively impacted the BFP of petrol and diesel by 54.58c/l and 50.88c/l, respectively.

In light of this, the prices for petrol were reduced by 71 cents per litre on the first Wednesday of June, and the prices of diesel by between 80 and 84 cents, depending on the grade.

With these changes taken into account, the official fuel prices for this month are as follows:

What you can expect to save

For an accurate estimation of what you can expect to save when filling up your car today, we took the average tank sizes of five popular vehicles in major segments and calculated what they would cost to refill in June and compared that to what they would have cost in May.

The potential savings that can be had are detailed below:

Unfortunately, these may be the cheapest prices that South Africans can expect to pay for petrol for the rest of the year, as the latest predictions from industry analysts suggest that prices will continue to go up from July onwards.