The Department of Petroleum and Mineral Resources has confirmed the official fuel price adjustments which will take effect at midnight on Tuesday, 6 May.
April saw a decline in global oil prices as markets were rattled by US President Donald Trump’s tariffs, while the rand weakened slightly amid the shocks, before rebounding in recent days.
The lower oil prices have translated to a cut in both petrol and diesel prices in May.
Prices will be cut by 22 cents per litre for 93 and 95 petrol, respectively and between 41 and 42 cents per litre for diesel.
FUEL
PRICE CHANGE
Petrol 93
decrease of 22 cents
Petrol 95
decrease of 22 cents
Diesel 0.05%
decrease of 42 cents
Diesel 0.005%
decrease of 41 cents
Illuminating Paraffin
decrease of 31 cents
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 $61.45 a barrel.
Exchange rate
At the time of publishing the rand/dollar exchange rate is R18.39/$.
The new May 2025 petrol and diesel prices (Inland and Coastal):
INLAND
April
May
Petrol 93
R21.51
R21.29
Petrol 95
R21.62
R21.40
Diesel 0.05%
R19.32
R18.90
Diesel 0.005%
R19.35
R18.94
Illuminating Paraffin
R13.36
R13.05
COASTAL
April
May
Petrol 93
R20.72
R20.50
Petrol 95
R20.83
R20.61
Diesel 0.05%
R18.53
R18.11
Diesel 0.005%
R18.59
R18.18
Illuminating Paraffin
R12.36
R12.05
Do you know of any sneaky ways to help save on fuel?
Let us know by leaving a comment below, or send a WhatsApp to 060 011 021 1
