By: Reuters

South Africa's diesel price will fall in November while petrol will be little changed after the government announced fuel-tax cuts in a mid-year budget review.

The wholesale diesel price will fall by up to 1.20 rand ($0.0722) a litre from November 4, while the regulated petrol price will decline by 1 cent a litre, the petroleum department said on Tuesday, announcing monthly price adjustments

The finance minister announced the tax cuts last month, cutting the fuel levy by 3 rand per litre for diesel and 1.50 rand per litre for petrol from November 4 to December 1

Smaller levy reductions will be in place until January 5, part of efforts to ease cost-of-living pressures on households and businesses

The petroleum department said in a statement that higher crude oil and petroleum product prices and a weaker rand currency contributed to November's fuel price adjustments

South Africa imports most of its fuel, leaving it vulnerable to fluctuations in global energy prices

($1 = 16.6236 rand)

(Reporting by Sfundo Parakozov and Nilutpal Timsina; Additional reporting by Anathi Madubela;Editing by Alexander Winning)