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The Automobile Association said motorists can expect a decrease in the prices of all grades of fuels in July.
The AA said on Tuesday that unaudited mid-month fuel data from the Central Energy Fund is showing a big decrease for 93 unleaded petrol.
However, it cautions that prices may still change ahead of the official adjustment by the Department of Mineral Resources and Energy at the end of the month.
AA spokesperson, Eleanor Mavimbela, said based on the current data, ULP95 is showing a decrease of around R1.10c/litre, while ULP93 is indicating a decrease of around R1.15c/l.
“Diesel is again edging towards a decrease of 55c/l and illuminating paraffin is showing a decrease of around 45c/l.
“These decreases, however, will not move the prices of fuel to lower prices seen at the beginning of the year,” she said.
Mavimbela said at this stage of the month, the numbers were more reflective of the way the fuel prices were likely to move when they are adjusted for July.
“Currently, the trajectory indicates that all fuels will be cheaper in July," she noted.
The AA said international product prices remain relatively low, with the price of global oil dropping significantly at the beginning of the month.
The impact of the average Rand/US Dollar exchange rate for the reporting period must also still be fully factored in which may move fuel pricing either way.
"These decreases, if materialised, will go a long way to further alleviating the fuel price burden - and its associated impact on other prices - felt by millions of South Africans and is certainly welcome," Mavimbela added.
Fuel prices for July are expected to be adjusted on 3 July, the first Wednesday of the new month.
