Here’s how much you’ll pay for petrol from TODAY

12 Views

Here’s how much South Africa’s motorists will pay at the pumps from today, Wednesday, 7 May after the Department of Mineral and Petroleum Resources confirmed the official fuel price adjustments for the month.

The changes took effect at midnight on Tuesday, 6 May.

April saw a decline in global oil prices as markets were rattled by US President Donald Trump’s tariffs, while the rand weakened slightly amid the shocks, before rebounding in recent days.

The lower oil prices have translated to a cut in both petrol and diesel prices in May.

Prices were cut by 22 cents per litre for 93 and 95 petrol, respectively and between 41 and 42 cents per litre for diesel.

FUEL PRICE CHANGE
Petrol 93 decrease of 22 cents
Petrol 95 decrease of 22 cents
Diesel 0.05% decrease of 42 cents
Diesel 0.005% decrease of 41 cents
Illuminating Paraffin decrease of 31 cents

FUEL PRICE IN SOUTH AFRICA IMPACTED BY TWO MAIN FACTORS:

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 $62.92 a barrel.

Exchange rate

At the time of publishing the rand/dollar exchange rate is R18.26/$.


The new May 2025 petrol and diesel prices (Inland and Coastal):

INLAND May
Petrol 93 R21.29
Petrol 95 R21.40
Diesel 0.05% R18.90
Diesel 0.005% R18.94
Illuminating Paraffin R13.05
COASTAL May
Petrol 93 R20.50
Petrol 95 R20.61
Diesel 0.05% R18.11
Diesel 0.005% R18.18
Illuminating Paraffin R12.05

Do you know of any sneaky ways to help save on fuel?

Let us know by leaving a comment below, or send a WhatsApp to 060 011 021 1

Subscribe to The South African website’s newsletters and follow us on WhatsAppFacebookX and Bluesky for the latest news.

Exit mobile version