DMRE Confirms Fuel Prices – South African motorists can breathe a sigh of relief as the Department of Mineral Resources and Energy (DMRE) has officially confirmed a fuel price drop starting Wednesday, May 8, 2025. This reduction in both petrol and diesel prices comes as global oil prices ease and the rand strengthens slightly against the dollar.
The fuel adjustment brings much-needed financial relief for transporters, daily commuters, and households already battling a high cost of living.
Why DMRE Confirms Fuel Prices Are Dropping in May 2025
The new fuel prices are part of DMRE’s regular monthly review, influenced by international oil trends and the exchange rate. This month, several factors aligned to deliver a favourable outcome for South African fuel consumers:
- A dip in international crude oil prices
- Strengthening of the South African rand against the US dollar
- A slight adjustment in government levies
- Reduced global demand as summer approaches in the northern hemisphere
These combined factors have resulted in a notable reduction in fuel prices across various fuel grades.
New Fuel Prices Per Litre Starting May 8, 2025
Below is a breakdown of the updated fuel prices across South Africa, effective from midnight on Wednesday, May 8, 2025, as announced by the DMRE:
| Fuel Type | Old Price (R/litre) | New Price (R/litre) | Price Drop (R) |
|---|---|---|---|
| Petrol 93 (Inland) | R24.14 | R23.31 | R0.83 |
| Petrol 95 (Inland) | R24.67 | R23.74 | R0.93 |
| Petrol 95 (Coastal) | R24.00 | R23.07 | R0.93 |
| Diesel 0.05% (Inland) | R23.12 | R22.10 | R1.02 |
| Diesel 0.005% (Inland) | R23.33 | R22.24 | R1.09 |
| Diesel (Coastal) | R22.71 | R21.63 | R1.08 |
| Illuminating Paraffin | R16.26 | R15.63 | R0.63 |
| LP Gas (per kg) | R37.22 | R35.89 | R1.33 |
These adjustments apply at all registered retail fuel stations across the country from the specified date.
What the New Fuel Prices Mean for Consumers
With these fuel reductions, the average South African driver stands to save significantly on monthly transport costs. Here’s how it translates in practical terms:
- Lower monthly transport expenses for long-distance commuters
- Reduced input costs for logistics and supply chains
- Potential for lower food and retail prices over time
- More disposable income for households
Taxi associations and freight companies have also welcomed the announcement, with many calling it a “timely intervention” amid rising operating costs.
How DMRE Sets Fuel Prices in South Africa
Understanding how the DMRE regulates fuel prices helps explain the monthly fluctuations. The pricing model is based on:
- Basic Fuel Price (BFP), which is tied to international oil costs
- Rand/Dollar exchange rate, as fuel is imported in dollars
- Fuel levies and taxes, including the Road Accident Fund levy
- Wholesale and retail margins set by government formulas
The price is calculated and released monthly on the first Wednesday, with updates publicly announced via the DMRE official website.
Consumer Reactions and Economic Impact
Economists suggest that while this fuel drop offers temporary relief, long-term strategies are needed to ensure price stability. Here’s what the general sentiment looks like:
- Motorists have shown optimism on social media, planning for reduced transport costs
- Agricultural and mining sectors may also benefit due to lowered machinery running costs
- Retailers expect higher consumer spending as disposable income increases
DMRE’s Advice for Citizens
The DMRE urges all South Africans to:
- Monitor official updates from www.energy.gov.za
- Avoid panic buying or fuel stockpiling
- Be alert to illegal price hikes at unregulated stations
- Report pricing fraud or overcharging immediately
Departmental Contact Details
For further queries or complaints related to the new fuel prices, citizens may contact:
Department of Mineral Resources and Energy (DMRE)
Fuel Pricing Queries Department
Phone: 012 406 7481
Email: [email protected]
Website: www.energy.gov.za
FAQs – DMRE Confirms Fuel Prices
Q1: When will the new fuel prices take effect?
A: The new prices are effective from Wednesday, May 8, 2025, at midnight.
Q2: Will fuel prices drop again next month?
A: It depends on global oil trends and exchange rates. The DMRE reviews prices monthly.
Q3: Can I report a petrol station charging higher than the official price?
A: Yes. Contact the DMRE via [email protected] or call 012 406 7481.
Q4: Are these prices uniform across all provinces?
A: Inland and coastal regions have slightly different prices due to transport and storage costs.
Q5: Why do diesel and petrol prices differ in their reduction amounts?
A: Different global supply and demand factors affect each fuel type.
Q6: How is the Basic Fuel Price (BFP) calculated?
A: It is based on international oil prices, freight costs, and insurance – set in dollars.
The May 2025 fuel price drop offers welcome relief for millions of South Africans. While this reduction is substantial, the DMRE reminds citizens that future prices remain subject to global conditions. Staying informed, budgeting wisely, and verifying fuel charges can go a long way in managing the impact of fluctuating fuel costs.