Unaudited fuel price data from the Central Energy Fund (CEF) suggests that South African motorists should prepare for a petrol price hike in March 2025, while diesel prices may see a slight decrease. With the final week of February approaching, these projections are becoming more likely, indicating a mixed fuel price adjustment for the upcoming month.
Petrol Prices to Increase Slightly
According to the CEF data, the price of Petrol 95 is expected to rise by approximately 3 cents per litre, while Petrol 93 could see a more significant increase of 16 cents per litre. This means consumers will need to budget for slightly higher petrol costs at the pumps.
Diesel Prices May Drop
Diesel users, however, could benefit from marginal price cuts. Diesel 0.05% is forecasted to decrease by 6 cents per litre, while Diesel 0.005% could see a 12-cent per litre drop. While these reductions are minor, they still provide some relief for businesses and consumers reliant on diesel-powered transport.
Factors Influencing the Fuel Price Adjustments
Earlier projections in February had indicated sharper fuel price hikes. However, a stabilising international oil price and a stronger Rand-Dollar exchange rate have eased the pressure on fuel costs. This has resulted in a more favourable outlook for South African consumers compared to initial expectations.
Expected Fuel Prices for March 2025
The following table provides a breakdown of the forecasted fuel price changes:
| Fuel Type | Feb 25 Inland | Feb 25 Coast | Mar 25 Inland* | Mar 25 Coast* |
|---|---|---|---|---|
| Petrol Unleaded 93 | R22.16 | R21.37 | R22.32 | R21.53 |
| Petrol Unleaded 95 | R22.41 | R21.62 | R22.44 | R21.65 |
| Diesel 0.05% | R20.34 | R19.55 | R20.28 | R19.49 |
| Diesel 0.005% | R20.45 | R19.69 | R20.33 | R19.57 |
(*Forecast figures, not official.)
Official Price Adjustments Expected in March
The Department of Mineral Resources and Energy (DMRE) will confirm the official fuel price changes in early March 2025. Until then, these projections provide a useful guide for motorists and businesses preparing for the upcoming adjustments.
Stay tuned for the official announcement and plan accordingly as South Africa navigates the evolving fuel price landscape.
Related article: March 2025 Petrol Price Prediction: Smaller Petrol Hike Expected, Diesel May Drop
