South African motorists are breathing a sigh of relief as fuel prices drop significantly in May 2025. After months of strain due to high global oil prices and a weak rand, consumers are finally seeing the benefit of international market shifts and a stronger local currency.
Here are five key takeaways from the latest fuel price update:
1. Petrol and Diesel Prices Have Dropped Sharply
As of Wednesday, 7 May 2025, fuel prices have decreased across the board:
- Petrol 93: down by R1.37 per litre
- Petrol 95: down by R1.39 per litre
- Diesel (0.05% sulphur): down by R0.55 per litre
- Diesel (0.005% sulphur): down by R0.45 per litre
These figures were confirmed by the Department of Mineral Resources and Energy (DMRE).
2. Why Are Fuel Prices Dropping Now?
The price cuts are largely due to:
- A stronger rand, which averaged R18.75/USD during the review period.
- Lower international oil prices, with Brent Crude trading below $85 a barrel.
- Decreased demand in major global economies, easing pressure on supply chains.
3. Filling Up Costs Much Less This Month
For a standard 50-litre tank of petrol:
- You’re saving around R68.50 if using 95 Unleaded.
- Diesel vehicle owners are saving approximately R27.50 per tank.
This is a welcome reprieve for both private motorists and businesses that rely on transport and logistics.
4. Economists Expect a Positive Ripple Effect
Lower fuel prices could help:
- Reduce food and goods transportation costs.
- Ease inflationary pressure on households.
- Improve consumer confidence and spending power.
According to analysts, if global trends remain stable, further fuel relief may be possible in the coming months.
5. Monitor Prices Monthly — Volatility Remains
Despite this drop, fuel prices in South Africa are still subject to:
- The fluctuating rand-dollar exchange rate
- Changes in Brent crude oil prices
- Local fuel levies and taxes
Motorists are advised to stay informed each month via DMRE announcements.
Quick Recap of May 2025 Fuel Prices:
| Fuel Type | Price Drop |
|---|---|
| Petrol 93 | ↓ R1.37/litre |
| Petrol 95 | ↓ R1.39/litre |
| Diesel 0.05% | ↓ R0.55/litre |
| Diesel 0.005% | ↓ R0.45/litre |
