By Tarryn Leigh Solomons
South Africa’s Minister of Mineral and Petroleum Resources has confirmed new fuel prices effective 1 October 2025. The adjustments reflect international oil market volatility, a stronger rand, and local economic factors.
Petrol
- Petrol 93 (ULP & LRP): ↑ 1c/litre
- Petrol 95 (ULP & LRP): ↑ 8c/litre
Diesel
- 0.05% sulphur: ↓ 10c/litre
- 0.005% sulphur: ↓ 8c/litre
Paraffin
- Wholesale: ↓ 11c/litre
- SMNRP: ↓ 15c/litre
LPGas
- National: ↓ 17c/kg
- Western Cape: ↓ 19c/kg
Why Prices Changed
- Brent Crude Oil: Slightly higher due to ongoing Russia-Ukraine and Middle East tensions.
- Rand Exchange Rate: Strengthened from R17.73 to R17.49/USD, lowering import costs.
- International Product Prices: Higher crude pushed up the Basic Fuel Price (BFP).
- Forecourt wages: Petrol price includes a 6.1c/litre increase to cover MIBCO-agreed wage hikes.
- Octane differential: Updated between 93 and 95 octane grades in line with quarterly review.
- LPGas adjustments: Based on imports via Saldanha Bay; new MRGP is R13,345.86 with a maximum retail price (MRP) of R33.60/kg.
What This Means for Consumers
- Petrol users will see small price increases, especially for 95 octane.
- Diesel drivers benefit from notable decreases, easing costs for logistics and transport.
- Households relying on paraffin and LPGas will pay less this month, bringing some relief to low-income families.
The Department will review prices again next month, depending on global oil markets, currency movements, and local factors.
