South African motorists should prepare for another fuel price increase next month, signaling more financial strain at the pumps. After enjoying a period of relief in late 2024, when petrol and diesel prices hit their lowest levels in three years, February 2025 is shaping up to reverse much of those gains.
How Much Are Prices Expected to Increase?
According to the latest data from the Central Energy Fund, petrol prices could rise by:
- 64 cents per liter for 95 Unleaded
- 68 cents per liter for 93 Unleaded
Diesel prices are also predicted to increase by:
- 70 cents per liter for 500ppm
- 72 cents per liter for 50ppm
These adjustments come after three months of steady increases since October 2024, during which petrol rose by 54 cents and diesel climbed by 82 cents.
Predicted Petrol Prices for February 2025
If the forecasted increases take effect, motorists can expect to pay:
- R21.44 per liter for 95 Unleaded petrol at coastal areas
- R22.23 per liter for 95 Unleaded petrol inland
- R22.02 per liter for 93 Unleaded petrol inland
While these prices remain over R1 cheaper than the same time last year, the gradual increases since October highlight the volatile nature of fuel costs.
A Look Back at 2024 Fuel Prices
October 2024 brought some relief as petrol and diesel prices hit their lowest levels since February 2022. However, the trend quickly reversed, and South Africans have faced consistent increases in the months since.
What Could Influence February’s Final Fuel Price?
It’s worth noting that these figures are early January predictions and are subject to change as the month progresses. Factors such as global oil prices and the rand-to-dollar exchange rate could impact the final fuel price adjustment announced later in January.
Prepare for Higher Costs at the Pumps
While February’s prices may still be lower than in early 2024, the predicted increases signal a challenging start to 2025 for motorists across South Africa. Keep an eye on official announcements for the finalised fuel prices and plan your budget accordingly.
