Petrol price to drop by R1 a litre for second consecutive month

Relief on the horizon for South Africa’s drivers after the Department of Energy announced that the price of petrol is set to drop. From Thursday 3 July, the price of 95 octane fuel will decrease by 99c, bringing it down to R23.26 a litre (inland prices).

This is the first time petrol has been at the R23 mark since February 2024. The highest petrol price recorded was in July 2022, when it cost R26.74 a litre.