The very, very early data points to excellent news for both petroland diesel motorists in South Africa next month.
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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 this week.
However, thanks to a surge in US crude stocks, the brent oil price fell to its lowest level since 2021.
Coupled with a stronger rand in recent days, it spells potential good news for South Africa’s motorists.
Below, the latest projections as received by The South African website from the Central Energy Fund (CEF), effective Tuesday, 4 March.
| FUEL | PRICE CHANGE |
| Petrol 93 | decrease of 60 cents |
| Petrol 95 | decrease of 73 cents |
| Diesel 0.05% | decrease of 72 cents |
| Diesel 0.005% | decrease of 75 cents |
| Illuminating Paraffin | decrease of 65 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 60 cents is expected for petrol 93 octane motorists and a decrease of 73 cents for 95 users.
Meanwhile, diesel motorists would see something between a 72 and 75 cents per litre increase.
Finally, illuminating paraffin is expected to drop by 65 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 $69.75 a barrel.
Exchange rate
At the time of publishing the rand/dollar exchange rate is R18.30/$.
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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