Worrying trend for petrol and diesel prices for South Africa's motorists
The latest available data shows that more good news lies ahead for South Africa's motorists in early June, but the picture is worsening significantly as each day passes.
With just under three weeks until the new prices will come into effect, there is still a chance prices may increase at the pumps next month.
Vehicle owners in Mzansi saw a sizeable decrease in the cost of both petrol and diesel earlier this month.
This was in main due to a lower brent crude oil price and a stronger rand.
However, in recent days, the oil price has risen while the rand-dollar exchange rate has remained largely stable.
Below, the latest projections as received by The South African website from the Central Energy Fund (CEF), effective Wednesday, 14 May. FUEL PRICE CHANGE Petrol 93 decrease of 30 cents Petrol 95 decrease of 30 cents Diesel 0.05% decrease of 60 cents Diesel 0.005% decrease of 61 cents Illuminating Paraffin decrease of 63 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 30 cents is expected for petrol 93 octane motorists and a decrease of 30 cents for 95 users.
Meanwhile, diesel motorists would see something between a 60 and 61 cents per litre decrease.
Finally, illuminating paraffin is expected to drop by 63 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 $64.08 a barrel.
Exchange rate
At the time of publishing the rand/dollar exchange rate is R18.25/$.
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. 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
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