Here’s how much South Africa’s motorists will pay at the pumps from today, Wednesday, 7 May after the Department of Mineral and Petroleum Resources confirmed the official fuel price adjustments for the month.
The changes took 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 were cut by 22 cents per litre for 93 and 95 petrol, respectively and between 41 and 42 cents per litre for diesel.
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 $62.92 a barrel.
Exchange rate
At the time of publishing the rand/dollar exchange rate is R18.26/$.
The new May 2025 petrol and diesel prices (Inland and Coastal):
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
Subscribe to The South African website’s newsletters and follow us on WhatsApp, Facebook, X and Bluesky for the latest news.
