Here's the latest petrol price outlook for June 2025
While the latest available data still shows that good news lies ahead for South Africa's motorists in early June.
With just over a week to go until the new prices come into effect, there is, sadly, every chance that fuel costs may actually increase at the pumps next month – especially for petrol vehicle owners.
Vehicle owners in Mzansi saw a sizeable decrease in the cost of both petrol and diesel earlier this month.
This was mainly due to a lower brent crude oil price and a stronger rand.
However, in recent weeks, the oil price has risen after reports that Israel was preparing an attack on Iran, while the rand strengthened after Cyril Ramaphosa's meeting with Donald Trump and the Budget speech which finally took place last Wednesday.
Below, the latest projections as received by The South African website from the Central Energy Fund (CEF), effective Friday, 23 May. FUEL PRICE CHANGE Petrol 93 decrease of 19 cents Petrol 95 decrease of 19 cents Diesel 0.05% decrease of 49 cents Diesel 0.005% decrease of 49 cents Illuminating Paraffin decrease of 53 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 – a decrease of 19 cents is expected for petrol 93 octane motorists and a decrease of 19 cents for 95 users.
Meanwhile, diesel motorists would see something around a 49 cents per litre decrease.
Finally, illuminating paraffin is expected to drop by 53 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 $64.84 a barrel.
Exchange rate
At the time of publishing the rand/dollar exchange rate is R17.86/$.
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, 3 June 2025.
Go easy on the accelerator until then, Mzansi. INLAND May Petrol 93 R21.29 Petrol 95 R21.40 Diesel 0.05% R18.90 Diesel 0.005% R18.94 Illuminating Paraffin R13.05 COASTAL May Petrol 93 R20.50 Petrol 95 R20.61 Diesel 0.05% R18.11 Diesel 0.005% R18.18 Illuminating Paraffin R12.05
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