There will be further decreases in fuel prices in June, and that will be the fourth time in a consecutive month. Mid-month data compiled by the Central Energy Fund (CEF) indicate that petrol prices are expected to drop by 30 cents per litre, while diesel prices might see a heavier drop of about 60 cents per litre. These decreases can be credited mainly to a strengthening rand and plunging global oil prices.
Expected Fuel Price Changes
Should market conditions remain the same, the preview for June 2025 fuel price changes will be:
- Petrol 93: Down by 30c per litre
- Petrol 95: Down by 30c per litre
- Diesel 0.05% (wholesale): Down by 60c per litre
- Diesel 0.005% (wholesale): Down by 61c per litre
- Illuminating Paraffin: Down by 63c per litre
These forecasts are made mid-month and are changeable depending on fluctuations in the market.
Current Fuel Prices
Fuel prices prevailing in South Africa as per mid-May 2025 are:
- Petrol 93 (Inland): R21.29 per litre
- Petrol 95 (Inland): R21.40 per litre
- Petrol 95 (Coastal): R20.60 per litre
Such prices denote those reductions imposed in May and serve as a zero point for reductions that are expected in June-
Factors Behind Fuel Price Adjustments
Fuel price decreases are expected mainly due to two major factors:
- A Strengthening Rand: The South African rand appreciated against the US dollar, reducing import costs of fuel.
- Declining Global Oil Prices: A decline in international oil prices has resulted in basic fuel prices being lowered.
These two are the sets of factors that determine the monthly adjustments of fuel prices instituted by the Department of Mineral Resources and Energy (DMRE).
The Road Ahead
While the current view suggests continued relief for motorists at the pump, it’s important to qualify this by stating that fuel prices are always vulnerable to change as global economic conditions wax and wane, or as currency and international oil market dynamics fluctuate. It is, therefore, highly recommended that motorists stay alert to all official statements from the DMRE, which usually announce the final fuel price adjustments toward the end of each month.
Conclusion
The projected price reductions in fuel in June 2025 will need to be welcomed as relief for the South African population, with transport costs gradually becoming less of a burden. Granted, by having a grasp of some factors affecting such changes, the motorist has a certain degree of preparation for the inevitable alternate future.