The latest data confirms that welcome relief at the pumps lies ahead for both petrol and diesel motorists in South Africa next week.
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As reported by The South African website, vehicle owners in Mzansi saw a marginal decrease in the cost of both petrol and diesel earlier this month.
Since then, South Africa’s rand has improved against the US dollar.
In addition, concerns continue over US President Donald Trump’s tariff policies, which are fueling fears of a prolonged global trade war that could harm economic growth and increase inflation.
As a result, the price of brent crude oil has also dropped – which always helps!
Below, the latest projections as received by The South African website from the Central Energy Fund (CEF), effective Thursday, 27 March.
| FUEL | PRICE CHANGE |
| Petrol 93 | decrease of 64 cents |
| Petrol 95 | decrease of 78 cents |
| Diesel 0.05% | decrease of 90 cents |
| Diesel 0.005% | decrease of 93 cents |
| Illuminating Paraffin | decrease of 84 cents |
If the market conditions were to remain consistent for the remainder of the month – an unlikely scenario with the rand/dollar exchange rate fluctuating and the oil price ever changing – a decrease of 64 cents is expected for petrol 93 octane motorists and a decrease of 78 cents for 95 users.
Meanwhile, diesel motorists would see something between a 90 and 93 cents per litre decrease.
Finally, illuminating paraffin is expected to drop by 84 cents in price.
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 $73.72 a barrel.
Exchange rate
At the time of publishing the rand/dollar exchange rate is R18.17/$.
The final overall price changes for both petrol and diesel will be confirmed early next month with the new prices taking effect at midnight on Tuesday, 1 April 2025.
Go easy on the accelerator until then, Mzansi.
The current March 2025 petrol and diesel prices (Inland and Coastal):
| INLAND | March |
| Petrol 93 | R22.09 |
| Petrol 95 | R22.34 |
| Diesel 0.05% | R20.16 |
| Diesel 0.005% | R20.21 |
| Illuminating Paraffin | R14.17 |
| COASTAL | March |
| Petrol 93 | R21.30 |
| Petrol 95 | R21.55 |
| Diesel 0.05% | R19.37 |
| Diesel 0.005% | R19.45 |
| Illuminating Paraffin | R13.17 |
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
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