Here is the latest petrol price forecast for June 2026

South African motorists could finally get some relief at the pumps june After months of punishing fuel price hikes, the latest mid-month data points to a substantial reduction in diesel prices and only a marginal increase in petrol.

figures of Central Energy Fund (CEF) That suggests the fuel recovery has stabilized remarkably compared to the extreme volatility seen in April and May, when geopolitical tensions and rising oil prices caused the sharpest increase in years.

Petrol hike is expected to be relatively low

If current trends continue through the end of the month, petrol motorists may see only a modest increase in June:

• Petrol 93: is expected to increase to approximately 11 cents per liter
• Petrol 95: is expected to increase to approximately 17 cents per liter

Although still increasing, it is much smaller than the sharp increases experienced by motorists in recent months and reflects improved stability in international fuel markets.

Diesel consumers can get big relief

Diesel consumers will benefit the most.

Current retrievals indicate:

• Diesel 0.05%: excess recovery of approx. R3.56 per liter
• Diesel 0.005%: excess recovery of approx. R4.56 per liter
• Illuminating Paraffin: is expected to decrease R4.55 per liter

The possible cut comes after diesel prices almost increased R13 per liter in April and May amid supply disruptions related to higher global oil prices and tensions in the Middle East.

Why is Outlook improved

Analysts point to two major reasons behind the relative peace:

Firstly, the rand has remained surprisingly resilient despite global uncertainty, with trading taking place largely R16.50 to the US dollar And avoiding prolonged weakness above R17/$.

Second, oil prices have stabilized in a narrow trading range above $100 per barrelReducing the volatility that had previously driven local fuel costs up sharply.

However, the outlook remains delicate.

Tensions involving Iran and ongoing disruptions around the Strait of Hormuz are still destabilizing global energy markets.

The International Energy Agency (IEA) has warned that global oil reserves are falling at a record pace and supplies could remain severely disrupted until at least October.

Recent Update: Fuel levy relief to be reduced in June

A major update since earlier forecasts is that motorists are unlikely to enjoy full Benefits of these fuel recoveries.

The government has confirmed that temporary fuel levy relief introduced to cushion the impact of rising prices will start to expire in June.

Relief measures started in April and will be extended till May halved from June 3: :

• Relief from petrol levy: has been reduced R1.50 per liter
• Relief from diesel levy: has been reduced R1.96 per liter

This means that part of the tax savings achieved in the last two months will be added back into fuel prices, limiting the relief consumers can get at filling stations.

Unless the government intervenes again, full levy resumption is expected in July.

What can motorists expect

Based on the latest projections, June is still projected to be a much better month than April or May – especially for diesel users and transportation-dependent industries.

But economists warn that oil prices will rise again $120 per barrelOr fresh weakness in the rand could rapidly reverse gains.

The Department of Mineral and Petroleum Resources is expected to announce the official June fuel price adjustment at the end of the month, with the new prices taking effect in early June.

latest forecast

Below, latest estimates for June 2026 As obtained by The South African website From the Central Energy Fund (CEF):

If market conditions remain the same for the remainder of the month – an unpredictable scenario with fluctuations in the rand/dollar exchange rate and ever-changing oil prices – petrol 93 octane is expected to increase by 11 cents per liter for motorists and 17 cents for 95 users.

Meanwhile, diesel motorists will see a reduction of between 365 and 456 cents per litre.

Lastly, the price of Illuminating Paraffin is expected to fall to 455 cents.

The price of fuel in South Africa is influenced by two main factors:

1. International price of petroleum products, driven mainly by oil prices

2. The Rand/Dollar exchange rate used to purchase these products

oil price

The price of Brent crude oil at the time of publication is $110.06 A barrel.

exchange rate

The rand/dollar exchange rate at the time of publication is R16.63/$.

The final overall price change for both petrol and diesel will be confirmed at the end of the month and the new prices will be effective from midnight Tuesday, June 2.

Current May 2026 petrol and diesel prices (inland and coastal):