https://newsletter.en.creamermedia.com
Gas|Petroleum|Refinery|Resources
Gas|Petroleum|Refinery|Resources
gas|petroleum|refinery|resources

Fuel prices set to drop on Wednesday

petrol pumps

Photo by Creamer Media

3rd November 2025

By: Darren Parker

Deputy Editor Online

     

Font size: - +

Fuel prices across the board will decrease on November 5, Mineral and Petroleum Resources Minister Gwede Mantashe has announced.

The price of petrol is set to fall by 51c/ℓ for both 93 and 95 grades, while diesel will decrease by 19c/ℓ to 21c/ℓ depending on the sulphur content. Liquefied petroleum gas (LPG) will also become cheaper, with a reduction of 61c/kg nationally and 70c/kg in the Western Cape.

Meanwhile, illuminating paraffin will see a marginal decline of 1c/ℓ.

The adjustments are largely attributed to a decline in the average price of Brent Crude oil, which fell from $67.16/bl to $64.14/bl during the review period. Mantashe says the decrease is linked to oversupply from increased global production and uncertainty caused by ongoing trade tensions, which could reduce economic growth and demand for crude oil.

The average international prices of petrol and diesel followed this downward trend, contributing to the lower basic fuel prices, while the price of illuminating paraffin rose slightly, increasing its contribution to the overall price.

The appreciation of the rand against the dollar also played a role in reducing fuel costs. The rand strengthened from an average of R17.49 to R17.29 to the dollar, lowering the contributions to the basic fuel prices of petrol, diesel, and illuminating paraffin.

The slate levy, a domestic pricing mechanism, remained unchanged at 0c/ℓ, reflecting a positive balance of R3.74-billion for petrol and diesel at the end of September.

For imported LPG through the Port of Saldanha Bay, the maximum refinery gate price has been set at R12 820.08/t, with a maximum retail price of R32.90/kg, effective from November 5.

The detailed fuel price schedule for different regions across the country will be published on November 4.

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Comments

Latest News

JSE signage
Cell C moves forward on JSE listing
5th November 2025 By: Natasha Odendaal

Showroom

Immersive Technologies
Immersive Technologies

Immersive Technologies is the world's largest, proven and tested supplier of simulator training solutions to the global resources industry.

VISIT SHOWROOM 
Werner South Africa Pumps & Equipment (PTY) LTD
Werner South Africa Pumps & Equipment (PTY) LTD

For over 30 years, Werner South Africa Pumps & Equipment (PTY) LTD has been designing, manufacturing, supplying and maintaining specialist...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Photo of Martin Creamer
On-The-Air (31/10/2025)
31st October 2025 By: Martin Creamer

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







301

sq:0.204 0.299s - 199pq - 2rq
Subscribe Now