January Fuel Price Projections: What You’ll Pay at the Pump!
Another month, another fuel price change.
Motorists will begin 2025 with similar petrol and diesel prices as December:
| FUEL | PRICE CHANGE |
| Petrol 93 | increase of 7 cents |
| Petrol 95 | decrease of 1 cents |
| Diesel 0.05% | decrease of 5 cents |
| Diesel 0.005% | decrease of 3 cents |
| Illuminating Paraffin | decrease of 15 cents |
Above’s projections are courtesy of the Central Energy Fund (CEF).
Fuel has enjoyed a significant decrease since peaking in May at around R25 – Mzansi driver’s will hope petrol and diesel prices remain on a downward trend, but the fickleness of the industry means anything can happen in any given month.
“The drag came from fuel prices, with petrol and diesel prices down 14.4% yoy and 23.5%, respectively, reflecting the impact of lower global oil prices,” said the Nedbank Economic Group.
“Over the period, the Brent crude oil price dropped by 8.3% yoy due to ample supply and subdued global demand. Moreover, chemicals declined for the first time in over a decade, down by 0.2% yoy off last year’s high base. In contrast, rubber and plastics prices accelerated.
“Food inflation will rise off a low base, further amplified by the impact of the earlier dry weather. Global disinflation will also slow down,”
How much is fuel now?
| INLAND | December |
| Petrol 93 | R21.15 |
| Petrol 95 | R21.47 |
| Diesel 0.05% | R19.21 |
| Diesel 0.005% | R19.33 |
| Illuminating Paraffin | R13.36 |
| COASTAL | December |
| Petrol 93 | R20.36 |
| Petrol 95 | R20.68 |
| Diesel 0.05% | R18.42 |
| Diesel 0.005% | R18.57 |
| Illuminating Paraffin | R12.36 |
Do you use petrol or diesel?
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