South African motorists may face fluctuating fuel prices in early 2025, with predictions suggesting potential increases for petrol and decreases for diesel.
The latest data suggests that South Africa’s motorists could be in for mixed fuel price news early in 2025. Motorists saw an increase in the cost of both petrol and diesel earlier this month. This was mainly as a result of a combination of the rand depreciating against the dollar and the price of oil continuing to rise thanks to ongoing unrest in the Middle East.
However, in recent days the rand has strengthened against the dollar, giving hope that South Africa’s motorists will be greeted by good news early in the New Year.If the market conditions were to remain consistent for the remainder of the month – an unlikely scenario with the rand/dollar exchange rate fluctuating and the oil price ever changing – an increase of 10 cents is expected for petrol 93 octane motorists and an increase of three cents for 95 users. Meanwhile, diesel motorists would see something between no change and a three cents per litre decrease. The final overall price changes for both petrol and diesel will be confirmed early next week with the new prices taking effect at midnight on
FUEL PRICES SOUTH AFRICA RAND OIL PRICES ECONOMY
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