The latest official data indicates bad news ahead for South African motorists in July 2025.
Diesel vehicle owners, in particular, should prepare for notable price increases at the pumps.
Earlier this month, fuel prices saw a significant drop, giving hope for continued relief.
However, recent geopolitical tensions have reversed this optimistic outlook sharply.
Impact of Middle East Conflict on Fuel Prices
Israel’s recent attack on Iran caused a spike in Brent crude oil prices.
This escalation has driven up global oil prices and weakened the South African rand.
Both these factors contribute to higher fuel prices locally.
As a result, diesel prices are expected to rise sharply, while petrol prices will also increase noticeably.
Central Energy Fund’s Latest Fuel Price Projections
The Central Energy Fund (CEF) shared updated fuel price projections effective June 18, 2025.
If current market conditions persist, petrol 93 octane prices may increase by 25 cents per liter.
Petrol 95 octane is forecast to rise by 28 cents per liter.
Diesel prices are expected to increase between 39 and 40 cents per liter, depending on the grade.
Illuminating paraffin prices will likely go up by 29 cents per liter.
Key Factors Driving South Africa’s Fuel Prices
Two main factors influence the price of fuel in South Africa.
First, the international price of petroleum products, mainly driven by global oil prices.
Second, the rand/dollar exchange rate used to purchase imported fuel products.
At the time of publishing, Brent crude oil was priced at $76.90 per barrel.
The rand/dollar exchange rate stood at R18.04 to one US dollar.
Current Fuel Prices and Upcoming Changes
The final confirmed fuel prices will be announced early next month.
New prices are set to take effect at midnight on Tuesday, July 1, 2025.
Current June 2025 inland fuel prices are:
- Petrol 93 at R21.24 per liter
- Petrol 95 at R21.35 per liter
- Diesel 0.05% at R18.53 per liter
- Diesel 0.005% at R18.57 per liter
- Illuminating paraffin at R12.49 per liter
Coastal prices remain slightly lower, with petrol 93 at R20.45 and diesel 0.05% at R17.70 per liter.
What This Means for South African Motorists
Motorists should expect higher costs when filling up their vehicles starting in July.
Diesel users will feel the impact the most, but petrol prices will also rise significantly.
This increase may affect transportation costs and the prices of goods across the economy.
For now, drivers are advised to manage fuel consumption carefully and drive efficiently.
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