Fuel price relief for SA motorists before Christmas

South African motorists may welcome significant fuel price relief in early November. The Central Energy Fund data points to potential decreases of up to 60 cents per litre for petrol and 24 cents for diesel.

This anticipated fuel price relief stems from two key factors. A period of relative stability in international oil markets and a stronger South African rand have created favorable conditions.

Global oil prices have seen a recent dip, contributing to the positive outlook. The Brent Crude benchmark fell following a Gaza ceasefire announcement, easing concerns over potential supply disruptions in the Middle East.

Simultaneously, the rand has shown improved strength against the US dollar. This enhanced exchange rate makes it cheaper for South Africa to import petroleum products, further supporting the potential for a fuel price decrease.

Projected November Fuel Price Adjustments

As detailed in the complete version, there are several key factors to consider.

The latest Central Energy Fund projections indicate the following potential changes:

Petrol 93: decrease of 60 cents
Petrol 95: decrease of 57 cents
Diesel 0.05%: decrease of 22 cents
Diesel 0.005%: decrease of 24 cents
Illuminating Paraffin: decrease of 11 cents

These figures are mid-month projections and remain subject to change. Market conditions, including the volatile rand/dollar exchange rate and fluctuating oil prices, will determine the final adjustments.

The final overall price changes for both petrol and diesel will be confirmed later in October. The new prices are scheduled to take effect at midnight on Tuesday, 5 November 2024.

Current October 2025 Fuel Prices (Inland)

Petrol 93: R21.48
Petrol 95: R21.63
Diesel 0.05%: R19.34
Diesel 0.005%: R19.39
Illuminating Paraffin: R12.99

Current October 2025 Fuel Prices (Coastal)

Petrol 93: R20.69
Petrol 95: R20.80
Diesel 0.05%: R18.51
Diesel 0.005%: R18.63
Illuminating Paraffin: R11.98

This expected fuel price relief would offer a welcome reprieve for consumers and businesses alike. The Central Energy Fund’s data provides a cautiously optimistic outlook for the start of November.