The April mid-month data shows that more good news should lie ahead forSouth Africa’s motorists in early May.
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.
However, subsequent to that, Donald Trump’s controversial trade tariffs played havoc with markets around the world.
While the rand weakened significantly in the aftermath of Trump’s announcement, it has strengthened slightly in recent days.
Over the same period, the brent crude oil price has plummeted – which is never a bad thing for fuel prices!
Below, the latest projections as received by The South African website from the Central Energy Fund (CEF), effective Tuesday, 15 April.
FUEL
PRICE CHANGE
Petrol 93
decrease of 18 cents
Petrol 95
decrease of 20 cents
Diesel 0.05%
decrease of 39 cents
Diesel 0.005%
decrease of 40 cents
Illuminating Paraffin
decrease of 32 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 18 cents is expected for petrol 93 octane motorists and a decrease of 20 cents for 95 users.
Meanwhile, diesel motorists would see something between a 39 and 40 cents per litre decrease.
Finally, illuminating paraffin is expected to drop by 32 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 $64.18 a barrel.
Exchange rate
At the time of publishing the rand/dollar exchange rate is R18.94/$.
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
Do you know of any sneaky ways to help save on fuel?
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