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.
12 Articles
12 Articles
Five best ways to save money at the petrol pump
Drivers could be set for a boost as recent falls in petrol prices are predicted to accelerate further.Average petrol prices have been falling in recent months due to a drop in the cost of oil. The typical price for unleaded petrol is now 134.11p or 140.62p for diesel, according to the RAC.It comes as oil-producing states such as Saudi Arabia and Russia have increased production of Brent crude, said the Daily Telegraph, amid fears that President …
Fuel prices go down - The Reporter Lesotho | Fresh News, Daily
The Petroleum Fund Secretariat has announced adjustments to fuel prices, with effect from today. The decrease was announced yesterday by Petroleum Fund interim chief executive officer, Advocate ‘Makananelo Kome in a press release. The pump prices for Petrol 93 and Petrol 95 will go down by M0.20 per litre, Diesel 50 by M0.45 per litre, and Illuminating Paraffin by M0.20 per litre. The new retail prices for all districts of Lesotho are: Petrol 93…
Farmers to benefit from well-timed fuel price drop - KZN Industrial & Business News
ANOTHER drop in fuel prices is a positive development for farmers as it comes at the right time, coinciding with the onset of heightened activity in the agriculture calendar, according to Paul Makube (pictured), senior agricultural economist, FNB Commercial. The sector is heading into a period of increased demand for fuel due to the summer crop harvesting and the planting of winter crops. The combination of the US tariff onslaught and elevated …
Fuel price cut comes at a right time of elevated activity in the agriculture calendar
By Paul Makube, Senior Agricultural Economist, FNB Commercial The recent announcement of another drop in fuel prices is a positive development for farmers as it comes at the right time at the onset of the heightened activity in the agriculture calendar. We are now heading into the increased demand for fuel period in agriculture due to the...
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