Mbabane – Motorists and consumers will pay less for fuel from Friday after the Ministry of Natural Resources and Energy announced a downward adjustment in petrol, diesel, and paraffin prices, citing falling international oil prices and a slightly stronger Lilangeni.
The new prices will take effect at midnight on Thursday, 2 July 2026, and will be implemented from Friday, 3 July 2026.
Unleaded Petrol (ULP95) will decrease by E1.50 per litre, moving from E26.17 to E24.67. Diesel (50ppm S) drops by E3.00 per litre from E29.20 to E26.20, while illuminating paraffin will also decrease by E3.00 per litre, from E23.38 to E20.38.
According to the Ministry, the reduction is largely driven by a decline in international crude oil prices, which averaged around USD 91 per barrel in June 2026, down from about USD 110 per barrel in May.
The Ministry attributed the global drop to easing geopolitical tensions in the Middle East following recent diplomatic developments, which helped stabilise oil markets.
It was also noted that the Lilangeni strengthened slightly against the United States Dollar during June, averaging E16.37 compared to E16.52 in May, further contributing to the reduction in import costs.
Despite the decrease, officials cautioned that fuel prices remain subject to fluctuations in global oil markets and foreign exchange movements.
“The international oil market and the Lilangeni/Dollar exchange rate remain volatile,” the Ministry said, urging consumers to use fuel efficiently.
The latest adjustment is expected to provide some relief to households and businesses reliant on transport and energy, particularly in the transport, agriculture, and small-scale trading sectors.
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