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Five best ways to save money at the petrol pump

  • South African fuel prices dropped on 7 May 2025, with petrol and diesel prices reduced nationwide by government order.
  • The reduction followed a fall in Brent Crude oil prices from $71.04 to $66.40 amid oversupply, disrupted demand, and international trade tensions.
  • All grades of petrol decreased by 22 cents per litre, diesel by 42 cents, and illuminating paraffin wholesale prices by 31 cents, easing costs for motorists and fuel-intensive sectors.
  • Lebo Ramolahloane, SAPRA national vice chairperson, welcomed the decline but advised cautious optimism due to local political uncertainty and global market volatility.
  • This price cut may temporarily relieve inflationary pressures and boost consumer spending while higher service station volumes could improve retailer revenues amid stable margins.
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carmag.co.za broke the news in on Monday, May 5, 2025.
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