usoil
June Petrol Price Outlook: More South African Fuel Relief on the Way
A stronger rand and a decline in global oil prices suggest that South Africa's petrol prices will drop for the fourth consecutive month...
•
Last updated: Wednesday, June 4, 2025
Quick overview
- South Africa is expected to see another petrol price cut in June, marking the fourth consecutive reduction due to global oil weakness and a stronger rand.
- Brent crude oil prices have fluctuated but remain below average levels, contributing to the anticipated decrease in fuel costs.
- Projected reductions include a drop of 40 to 57 cents per litre for petrol and up to 94 cents for diesel, benefiting consumers and industries alike.
- While the outlook is positive for short-term savings, ongoing volatility in oil markets may affect future price stability.
Live USOIL Chart
USOIL
MARKETS TREND
A stronger rand and a decline in global oil prices suggest that South Africa’s petrol prices will drop for the fourth consecutive month in June.
- Check out our free forex signals
- Follow the top economic events on FX Leaders economic calendar
- Trade better, discover more Forex Trading Strategies
- Open a FREE Trading Account
ABOUT THE AUTHOR
See More
Skerdian Meta
Lead Analyst
Skerdian Meta Lead Analyst.
Skerdian is a professional Forex trader and a market analyst. He has been actively engaged in market analysis for the past 11 years. Before becoming our head analyst, Skerdian served as a trader and market analyst in Saxo Bank's local branch, Aksioner. Skerdian specialized in experimenting with developing models and hands-on trading. Skerdian has a masters degree in finance and investment.
Related Articles
Sidebar rates
Join 350 000+ traders receiving Free Trading Signals
