The latest data shows that despite US President Donald Trump’s newly-imposed trade tariffs, more good news lies ahead formotorists in South Africa early next month.
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As reported by The South African website, vehicle owners in Mzansi saw a sizeable decrease in the cost of both petrol and diesel earlier this month.
Since then, Trump’s controversial trade tariffs have played havoc with markets around the world.
But while the rand has weakened significantly, that has been offset by a much lower brent crude oil price.
Oil prices plunged on Wednesday as Trump’s tariffs spread, sparking concerns over weak demand, with international benchmark Brent North Sea crude hitting the lowest level in four years.
At the time of publishing, the rand/dollar exchange rate is R19.70/$, while the brent crude oil price is $59.50 a barrel.
Below, the latest projections as received by The South African website from the Central Energy Fund (CEF), effective Tuesday, 8 April.
FUEL
PRICE CHANGE
Petrol 93
increase of 1 cent
Petrol 95
decrease of 4 cents
Diesel 0.05%
decrease of 30 cents
Diesel 0.005%
decrease of 32 cents
Illuminating Paraffin
decrease of 20 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 – an increase of one cent is expected for petrol 93 octane motorists and a decrease of four cents for 95 users.
Meanwhile, diesel motorists would see something between a 30 and 31 cents per litre decrease.
Finally, illuminating paraffin is expected to drop by 21 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 $59.50 a barrel.
Exchange rate
At the time of publishing the rand/dollar exchange rate is R19.70/$.
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, 6 May2025.
Go easy on the accelerator until then, Mzansi.
The current April 2025 petrol and diesel prices (Inland and Coastal):
INLAND
April
Petrol 93
R21.51
Petrol 95
R21.62
Diesel 0.05%
R19.32
Diesel 0.005%
R19.35
Illuminating Paraffin
R13.35
COASTAL
April
Petrol 93
R20.68
Petrol 95
R20.79
Diesel 0.05%
R18.49
Diesel 0.005%
R18.55
Illuminating Paraffin
R12.33
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