Amid Donald Trump’s tariff gloom there’s GOOD news for May fuel price

Despite Donald Trump's trade tariffs, some good news at the pumps lies ahead for motorists in South Africa next month.

Amid Donald Trump’s tariff gloom there’s GOOD news for May fuel price

The latest data confirms that despite US President Donald Trump’s newly-imposed trade tariffs, some more good news at the pumps lies ahead for motorists in South Africa 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.

While the rand has weakened significantly, that has been offset by a much lower brent crude oil price.

Below, the latest projections as received by The South African website from the Central Energy Fund (CEF), effective Monday, 7 April.

FUELPRICE CHANGE
Petrol 93increase of 4 cents
Petrol 95increase of 1 cent
Diesel 0.05%decrease of 30 cents
Diesel 0.005%decrease of 32 cents
Illuminating Paraffindecrease 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 four cents is expected for petrol 93 octane motorists and an increase of one cent for 95 users.

Meanwhile, diesel motorists would see something between a 30 and 32 cents per litre decrease.

Finally, illuminating paraffin is expected to drop by 20 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 $64.67 a barrel.

Exchange rate

At the time of publishing the rand/dollar exchange rate is R19.56/$.


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 May 2025.

Go easy on the accelerator until then, Mzansi.


The current April 2025 petrol and diesel prices (Inland and Coastal):

INLANDApril
Petrol 93R21.51
Petrol 95R21.62
Diesel 0.05%R19.32
Diesel 0.005%R19.35
Illuminating ParaffinR13.35
COASTALApril
Petrol 93R20.68
Petrol 95R20.79
Diesel 0.05%R18.49
Diesel 0.005%R18.55
Illuminating ParaffinR12.33

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

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