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Fuel price benefits diesel and paraffin users, while petrol empties wallets


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Fuel price benefits diesel and paraffin users, while petrol empties wallets

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Fuel price benefits diesel and paraffin users, while petrol empties wallets

Fuel price benefits diesel and paraffin users, while petrol empties wallets
Photo by Bloemburg

2nd June 2026

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The expected fuel price outlook for June brings mixed feelings for consumers, as some will feel the pinch while others experience slight relief from the events of the past two months.

From midnight tomorrow, petrol prices will rise, while diesel, LP Gas, and paraffin will see official price reductions. Although there was an over-recovery across all fuel categories, the National Treasury is also restoring part of the R3.00 per litre and R3.93 per litre cuts from the fuel levy made in June.

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With R1.50 per litre being added back to petrol prices instead of a reduction, petrol prices at the pump will increase. Meanwhile, R1.96 is being added back to the diesel price which, fortunately, still results in a decrease at the pumps.

According to the Department of Petroleum and Mineral Resources, both grades of petrol will increase by R1.43/L, while wholesale diesel 0.05% will decrease by R3.25/L, and 0.005% will decrease by R2.62/L. Illuminating paraffin will decrease by R5.96/L, and LP gas by 17c/kg.

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Over the past four months, petrol prices have risen by R8 per litre.

Although the fuel price outlook is disappointing for petrol drivers, we welcome the good news regarding diesel prices, as we hope this marks the beginning of a return to normal circumstances.

Industries and companies that depend on diesel for their operations, such as logistics and farming, will directly benefit from a reduction in fuel prices.

We are also pleased that consumers reliant on paraffin for household use and heating will benefit from the price adjustments.

We hope fuel prices will continue to improve, and we strongly encourage petrol users to remain cautious and spend wisely until the situation stabilises.

 

Issued by Abigail Moyo, spokesperson of the trade union UASA

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