US EditionConfirmed: Petrol, diesel prices to be lowered on Wednesday
- The government agency responsible for energy and mining announced that petrol and diesel prices will be reduced across South Africa starting Wednesday, 7 May 2025.
- This reduction follows a decline in global oil prices driven by concerns over US tariffs and global trade uncertainties affecting Brent crude prices and the rand exchange rate.
- Prices for 93 and 95 octane petrol will decrease by 22 cents per litre, while diesel costs will be reduced by approximately 41 to 42 cents per litre, even though there is a slight rise in the carbon fuel levy.
- In April, the price of Brent crude oil declined to $66.40 per barrel, down from $71.04, while the rand weakened against the dollar, moving from R18.2957 to R18.8382, which partly offset the price decreases but still resulted in overall savings.
- These price reductions provide South African motorists with relief at the pumps and represent a positive development amid ongoing economic and currency challenges.
15 Articles
15 Articles
Why motorists can refuel cheaper tomorrow
The oil price on the wholesale market is falling sharply. Motorists are benefiting from lower prices at the pump this week. However, refueling remains expensive in the Netherlands. The reason: excise duties and VAT together make up more than half of the price per litre.
Fuel price drop in May 2025: Here’s how much you’ll save at pump
Here is the fuel price drop for May 2025, as South African motorists are finally getting some relief at the pump. The Department of Petroleum and Mineral Resources (DMRE) has confirmed significant fuel price cuts effective Wednesday, 7 May 2025, following a sharp drop in global oil prices and despite a weaker rand. Petrol and diesel prices slashed – Here’s what you’ll pay From 7 May, both 93 and 95 unleaded petrol prices will drop by 22 cents p…
Good News – South Africa's Fuel Prices To Be Slashed On Wednesday - Stuff South Africa
We have no doubts that South Africa’s luck concerning the continually dropping fuel price will run out eventually, but May is not that time. The Department of Mineral Resources and Energy (DMRE) has officially published the coming fuel price adjustments for May 2025, and they bring good news for motoring Saffas. Fuel for the soul (and car) As ever, you’ll need to wait until Wednesday, 7 May, before you can take advantage of the cheaper fuel pric…
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