South Africa's motorists brace for dire DIESEL price news
Vehicle owners in South Africa saw a sizeable decrease in the cost of both petrol and diesel earlier this month.
However, that picture radically changed after Israel attacked Iran, which resulted in the brent crude oil price rising and the rand weakening.
While the picture is particularly grim when it comes to the diesel price forecast, petrol vehicle owners are also in for a shock at the pumps next week .
Since a ceasefire was agree, the picture has improved, but not in time to save a spike in fuel prices at the pumps next week.
Below, the latest projections as received by The South African website from the Central Energy Fund (CEF), effective Wednesday, 25 June. FUEL PRICE CHANGE Petrol 93 increase of 52 cents Petrol 95 increase of 55 cents Diesel 0.05% increase of 82 cents Diesel 0.005% increase of 84 cents Illuminating Paraffin increase of 68 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 52 cents is expected for petrol 93 octane motorists and an increase of 55 cents for 95 users.
Meanwhile, diesel motorists would see something between a 82 and 84 cents per litre increase.
Finally, illuminating paraffin is expected to rise by 68 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 $67.84 a barrel.
Exchange rate
At the time of publishing the rand/dollar exchange rate is R17.64/$.
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, 1 July 2025.
Go easy on the accelerator until then, Mzansi. INLAND June Petrol 93 R21.24 Petrol 95 R21.35 Diesel 0.05% R18.53 Diesel 0.005% R18.57 Illuminating Paraffin R12.49 COASTAL June Petrol 93 R20.45 Petrol 95 R20.56 Diesel 0.05% R17.70 Diesel 0.005% R17.81 Illuminating Paraffin R11.47
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