Money

Relief at the Pumps: South African Fuel Prices Drop from Wednesday


Motorists across South Africa will pay less for fuel from Wednesday, 3 September 2025, as the Department of Mineral Resources and Energy (DMRE) confirmed widespread price cuts.

Petrol prices (both 93 and 95 octane) will dip slightly by 4 cents per litre, bringing 95-octane to around R20.72/L at the coast and R21.55/L inland.

Diesel users will see the biggest relief, with prices dropping by 56 to 57 cents per litre, taking wholesale levels to about R18.71/L at the coast and R19.47/L in Gauteng.

In addition, the price of illuminating paraffin will decrease by 37 cents per litre wholesale and 49 cents per litre retail, while LPGas will be reduced by R1.32/kg nationwide (and R1.51/kg in the Western Cape).

The DMRE attributed the decreases to a combination of lower global oil prices, reduced international product costs, and a slightly stronger rand.

Brent crude oil prices averaged USD 67.01 per barrel during the review period, down from USD 69.06.

This marks welcome relief for households and businesses grappling with high living costs, with diesel users – particularly in transport, farming, and logistics – expected to benefit the most.

Also Read

U.S. Futures Slide as Pre-Market Trading Resumes After Labor Day

Mango Airlines Rescue Plan Collapses as Investor Pulls Out

theafricalogistics

Recent Posts

ASST Stock Skyrockets After $1.3B Merger — What’s Fueling Strive’s Market Momentum?

The financial markets are buzzing as ASST stock, the ticker symbol for Strive Asset Management,…

6 hours ago

Delta Flight Attendant Slide Deployment: Human Error and Costly Lessons

The recent Delta flight attendant slide deployment incident has drawn global attention, sparking conversations about…

6 hours ago

Google Stock Surges as Investor Confidence Grows Following Tech Sector Rally

Alphabet Inc. (NASDAQ: GOOGL), the parent company of Google, saw its shares surge on Friday,…

3 days ago

Is a 2.8% COLA Enough to Beat Inflation in 2026?

The Social Security Administration (SSA) has confirmed a 2.8% cost-of-living adjustment (COLA) for 2026, impacting…

3 days ago

How Alaska Airlines’ Outage Exposed a Hidden Risk for African Airlines

Alaska Airlines was forced to cancel more than 360 flights after a major IT outage…

3 days ago

Inside Tesla’s Q3 Earnings Miss: Price Cuts, Profit Drops, and the Robotaxi Gamble

Tesla’s third-quarter 2025 results painted a challenging picture for the EV giant. Despite strong delivery…

4 days ago