Connect with us

Business

Fuel Price Relief on the Horizon: Petrol and Diesel Prices Set to Drop in April

Published

on

South Africans could be in for some relief at the pumps next month, as early indicators suggest a significant decrease in fuel prices for April 2025. According to data from the Central Energy Fund (CEF), both petrol and diesel prices are expected to drop, thanks to a stronger rand and lower international oil prices.

Expected Fuel Price Adjustments for April 2025

As of Tuesday, 4 March, here are the latest projected fuel price changes:

Fuel Type Expected Price Change (per litre)
Petrol 93 Decrease of 60 cents
Petrol 95 Decrease of 73 cents
Diesel 0.05% Decrease of 72 cents
Diesel 0.005% Decrease of 75 cents
Illuminating Paraffin Decrease of 65 cents

While these are early estimates, final fuel price adjustments will be confirmed later in the month, with new prices taking effect at midnight on Tuesday, 1 April 2025.

Why Are Fuel Prices Dropping?

South Africa’s fuel prices are mainly influenced by two factors:

  1. International Oil Prices – The price of Brent crude oil has fallen to $69.75 per barrel, the lowest level since 2021.
  2. Rand/Dollar Exchange Rate – The rand has shown strength against the dollar, currently sitting at R18.30/$.

Both these factors contribute to a reduction in the cost of importing fuel, leading to the projected decreases in petrol and diesel prices.

Current Fuel Prices (March 2025)

Here’s how much motorists are paying for fuel in March:

Inland Fuel Prices:

  • Petrol 93: R22.09
  • Petrol 95: R22.34
  • Diesel 0.05%: R20.16
  • Diesel 0.005%: R20.21
  • Illuminating Paraffin: R14.17

Coastal Fuel Prices:

  • Petrol 93: R21.30
  • Petrol 95: R21.55
  • Diesel 0.05%: R19.37
  • Diesel 0.005%: R19.45
  • Illuminating Paraffin: R13.17

What This Means for Motorists

If these price decreases hold, South Africans will see some financial relief at the pumps. However, fluctuations in global oil prices and exchange rates could still impact the final adjustments.

Until the official fuel price announcement is made, motorists are encouraged to drive efficiently and plan fuel expenses wisely.

Follow Joburg ETC on Facebook, Twitter , TikTok and Instagram

For more News in Johannesburg, visit joburgetc.com