The latest available data still suggests that good news lies ahead for South Africa’s motorists NEXT WEEK.
With a week to go until the new prices come into effect, there is expected to be welcome relief – especially for diesel vehicle owners.
Vehicle owners in Mzansi saw a sizeable decrease in the cost of both petrol and diesel earlier this month.
This was mainly due to a lower brent crude oil price and a stronger rand.
Below, the latest projections as received by The South African website from the Central Energy Fund (CEF), effective Tuesday, 27 May.
FUEL | PRICE CHANGE |
Petrol 93 | decrease of 19 cents |
Petrol 95 | decrease of 19 cents |
Diesel 0.05% | decrease of 51 cents |
Diesel 0.005% | decrease of 51 cents |
Illuminating Paraffin | decrease of 55 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 19 cents is expected for petrol 93 octane motorists and a decrease of 19 cents for 95 users.
Meanwhile, diesel motorists would see something around a 51 cents per litre decrease.
Finally, illuminating paraffin is expected to drop by 55 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 $64.39 a barrel.
Exchange rate
At the time of publishing the rand/dollar exchange rate is R17.93/$.
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, 3 June 2025.
Go easy on the accelerator until then, Mzansi.
The current 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 |
How much do you spend on fuel per month on averagee?
Let us know by leaving a comment below, or send a WhatsApp to 060 011 021 1
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