It’s that time of the month already. Time for the Department of Energy to pass judgement on the month’s fuel prices – whether they be good or bad. If you haven’t been keeping up with the Central Energy Fund’s predictions throughout May, you might be surprised about the upcoming decrease for both diesel and petrol drivers (for once).
So, who do we have to thank for bringing about the decrease? It’s not entirely up to the Department of Energy – which makes its final decision at the end of every month based on the average price of petrol, diesel and illuminating paraffin overseas, and the Rand/Dollar exchange over the course of the month. In short – thank the economy next time you’re filling up.
Which, if you can hold out until then, is happening on Wednesday, 7 June, at midnight. If you’re one of the unlucky few that need a top-up before then, we’re sorry.
Enjoy the petrol/diesel decrease while it lasts
From 00:01 on the morning of Wednesday, 7 June, petroleum-based fuels will see the following decreases:
- Petrol 93: decrease of 71 cents per litre (R0.71)
- Petrol 95: decrease of 71 cents per litre (R0.71)
- Diesel 0.05%: decrease of 84 cents per litre (R0.84)
- Diesel 0.005%: decrease of 80 cents per litre (R0.80)
- Illuminating Paraffin: decrease of 43 cents per litre (R0.43)
Just… don’t get too attached to the idea of cheaper fuel every month. Who knows? This could be a fluke, or some dastardly plan of the DoE’s to soften us up for an increase in July.