The Department of Mineral and Petroleum Resources has revealed a significant adjustment in South Africa’s fuel prices, which will take effect on the 6th of August, reports Cape {town} Etc.
Motorists will see a decrease in the price of both 93 and 95 grades of petrol, with a reduction of 28 cents per litre. However, not all is rosy for consumers, as the price for diesel is set to rise by between 63 and 65 cents per litre, depending on the grade.
Robert Maake from the Department explained that these changes reflect the government’s monthly assessment of fuel prices, which are influenced by a multitude of international and local factors.
Robert stated that the adjustments are particularly pertinent for South African consumers, who have endured fluctuating fuel prices impacted by global markets.
The primary drivers behind the recent fuel price adjustments include:
- Crude Oil Prices: The average price of Brent Crude oil has shown a minor decrease, dropping from USD 69.36 to USD 69.06. This dip is largely attributed to OPEC’s decision to ramp up production amidst growing concerns about US trade tariffs, which threaten to hinder global economic growth and demand for crude oil.
- International Petroleum Products: In contrast to petrol, which has seen a price decrease in line with falling crude oil prices, diesel and illuminating paraffin prices have climbed. The hike is due to low stock levels in the US and unexpected refinery shutdowns in the European Union, creating a tighter supply of these products.
- Rand/US Dollar Exchange Rate: The Rand improved slightly against the US Dollar, appreciating from 17.84 to 17.76. This shift led to reduced contributions to the Basic Fuel Prices for petrol by approximately 4 to 5 cents per litre.
- Slate Levy Mechanism: At the close of June 2025, the fuel slate balance was positive at R3.707 billion. Consequently, the slate levy remains at zero cents per litre for petrol and diesel.
- LPGas Pricing: Changes to the Maximum Refinery Gate Price for LPGas imported through the Port of Saldanha Bay will also be implemented, with further adjustments signalling a decrease in prices going forward.
The official adjustments to fuel prices for August 2025 are as follows:
- Petrol 93 (ULP & LRP): 28 cents per litre decrease
- Petrol 95 (ULP & LRP): 28 cents per litre decrease
- Diesel (0.05% sulphur): 65 cents per litre increase
- Diesel (0.005% sulphur): 63 cents per litre increase
- Illuminating Paraffin (wholesale): 32 cents per litre increase
- SMNRP for IP: 43 cents per litre increase
- Maximum Retail Price of LPGas: Decrease of 69 cents per kilogram
First published by Cape {town} etc
Compiled by Sibuliso Duba
Also see: Fuel price cuts on the way for motorists, says Department of Petroleum and Mineral Resources
