Here’s what effect Donald Trump tariffs had on May petrol price

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The latest data confirms that despite US President Donald Trump’s newly-imposed trade tariffs, some more good news at the pumps lies ahead for diesel motorists in South Africa next month.

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The news for petrol car owners isn’t as good, however.

As reported by The South African website, vehicle owners in Mzansi saw a sizeable decrease in the cost of both petrol and diesel earlier this month.

Since then, Trump’s controversial trade tariffs have played havoc with markets around the world.

While the rand has weakened significantly, that has been offset by a much lower brent crude oil price.

Below, the latest projections as received by The South African website from the Central Energy Fund (CEF), effective Friday, 4 April.

FUEL PRICE CHANGE
Petrol 93 increase of 11 cents
Petrol 95 increase of 6 cents
Diesel 0.05% decrease of 26 cents
Diesel 0.005% decrease of 28 cents
Illuminating Paraffin decrease of 16 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 – an increase of 11 cents is expected for petrol 93 octane motorists and an increase of six cents for 95 users.

Meanwhile, diesel motorists would see something between a 26 and 28 cents per litre decrease.

Finally, illuminating paraffin is expected to drop by 16 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 $62.93 a barrel.

Exchange rate

At the time of publishing the rand/dollar exchange rate is R19.40/$.


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, 6 May 2025.

Go easy on the accelerator until then, Mzansi.


The current April 2025 petrol and diesel prices (Inland and Coastal):

INLAND April
Petrol 93 R21.51
Petrol 95 R21.62
Diesel 0.05% R19.32
Diesel 0.005% R19.35
Illuminating Paraffin R13.35
COASTAL April
Petrol 93 R20.68
Petrol 95 R20.79
Diesel 0.05% R18.49
Diesel 0.005% R18.55
Illuminating Paraffin R12.33

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

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