PETROL IS DOWN TONIGHT

The Department of Mineral Resources and Energy has confirmed significant petrol and diesel price decreases for South Africa’s motorists, effective at midnight on Tuesday, 4 June.

The news will be welcomed by South Africa’s motorists.

Below, the latest price changes.

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

2. The rand/dollar exchange rate used in the purchase of these products

Oil price

At the time of publishing the brent crude oil price is $77.48 a barrel.

Exchange rate

At the time of publishing the rand/dollar exchange rate is R18.73/$.

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