With more than three weeks of pricing data still to be collected, and oil markets continuing to react to developments in the Middle East, the outlook for next month's fuel prices remains highly fluid.
South African motorists hoping for substantial fuel price cuts in July may want to temper their expectations.
Current Central Energy Fund (CEF) data points to petrol and diesel price decreases of around R2.60 for petrol and between R2.15 and R2.60 for diesel, grade dependent.
However, Investec chief economist Annabel Bishop has noted that fuel levies are set to increase further from 1 July, which will reduce some of the benefit motorists might otherwise have received from lower fuel prices.
Motorists have already seen part of the temporary fuel-levy relief reversed this month, with the remainder due to fall away from July. That will add R1.50 per litre for petrol and R1.96 per litre for diesel back as government withdraws its temporary cushion implemented on the back of spiking oil prices.
