Dire fuel price projection to hit South Africa's motorists HARD
Vehicle owners in South Africa saw a sizeable decrease in the cost of both petrol and diesel earlier this month and early signs were that there was even more good news ahead next month.
However, that picture radically changed after Israel attacked Iran late last week, 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 in the coming weeks.
Below, the latest projections as received by The South African website from the Central Energy Fund (CEF), effective Thursday, 19 June. FUEL PRICE CHANGE Petrol 93 increase of 35 cents Petrol 95 increase of 38 cents Diesel 0.05% increase of 56 cents Diesel 0.005% increase of 58 cents Illuminating Paraffin increase of 45 cent
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 35 cents is expected for petrol 93 octane motorists and an increase of 38 cents for 95 users.
Meanwhile, diesel motorists would see something between a 56 and 58 cents per litre increase.
Finally, illuminating paraffin is expected to rise by 45 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 $77.24 a barrel.
Exchange rate
At the time of publishing the rand/dollar exchange rate is R18.03/$.
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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