Big Petrol and Diesel Price Cuts From Tomorrow – See New Rates

South African motorists will be pleased to hear about the big petrol and diesel price cuts from tomorrow, 5 November 2025. The Department of Mineral Resources and Energy (DMRE) has confirmed significant reductions in fuel prices, bringing much-needed relief ahead of the festive season. Let’s explore the new rates, the reasons behind the drop, and what it means for South Africans.

New Petrol and Diesel Prices Effective 5 November 2025

The DMRE has officially announced that both 93 and 95 octane petrol prices will decrease by 51 cents per litre. This is a welcome cut as families prepare for holiday travel.

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For diesel users, the good news continues:

• Diesel (0.05% sulphur) will drop by 21 cents per litre.
• Diesel (0.005% sulphur) will be 19 cents cheaper per litre.

Other fuels are also affected:

• Illuminating paraffin will decrease by 1 cent per litre.
• Liquefied petroleum (LP) gas will cost 61 cents less per kilogram.

What Will You Pay at the Pump?

Once these reductions take effect, here are the updated petrol and diesel prices across South Africa:

• 93 Unleaded Petrol: R20.97 per litre
• 95 Unleaded Petrol: R21.12 per litre
• Diesel 0.05% (500 PPM): R19.13 per litre
• Diesel 0.005% (50 PPM): R19.20 per litre

These changes provide welcome relief for consumers grappling with high living costs.

Why Are Petrol and Diesel Prices Dropping?

According to DMRE spokesperson Robert Maake, several key factors contributed to these big petrol and diesel price cuts. The most significant include:

• Falling international petroleum product prices
• A stronger Rand against the US Dollar
• A positive slate levy balance

These combined effects have reduced the basic fuel price across the board.

Brent Crude Oil Prices Have Declined

The international Brent Crude oil price, which directly affects local fuel pricing, saw a notable drop. The average price fell from $67.16 to $64.14 per barrel during the review period.

Maake explained that this decline was due to oversupply caused by increased global production. Uncertainty around global trade, particularly between major economies, also led to reduced demand expectations for crude oil.

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Rand Strengthens Against the US Dollar

The exchange rate between the Rand and the US Dollar also played a role in the fuel price cut. During the review period, the Rand strengthened slightly from R17.49 to R17.29 per US Dollar.

This appreciation made it cheaper for South Africa to import petroleum products. As a result:

• Petrol saw a 10.60 c/l decrease in its basic fuel price.
• Diesel dropped by 11.77 c/l.
• Illuminating paraffin decreased by 11.53 c/l.

Slate Levy Remains at Zero

Another critical factor is the slate levy, which affects fuel price adjustments in the country. The cumulative slate balance for petrol and diesel reached a surplus of R3.74 billion at the end of September 2025.

In accordance with the self-adjusting slate levy mechanism, the DMRE has kept the slate levy at zero cents per litre. This decision supports a more stable fuel pricing structure and prevents unnecessary price hikes.

A Boost for Cash-Strapped Motorists

The big petrol and diesel price cuts from tomorrow are perfectly timed. With the festive season approaching, South Africans will benefit from lower travel and transport costs.

Families planning road trips, small businesses managing delivery fleets, and everyday commuters will all feel the positive impact of these price reductions.

What This Means for South Africa’s Economy

Lower fuel prices can stimulate the economy in several ways:

• Reduced transport costs may lead to lower food and goods prices.
• Businesses could enjoy reduced operating costs.
• Consumers will have slightly more disposable income for holiday spending.

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However, economists caution that international factors, such as oil supply dynamics and currency fluctuations, could reverse these gains in the future.