Fuel Price Media Statement: September 2025

MEDIA STATEMENT

THE MINISTER OF MINERAL AND PETROLEUM RESOURCES ANNOUNCES ADJUSTMENT OF FUEL PRICES EFFECTIVE FROM THE 3^RD OF SEPTEMBER 2025

The Minister of Mineral and Petroleum Resources announces the adjustment of fuel prices based on current local and international factors with effect from the 3^rd of September 2025. South Africa's fuel prices are adjusted monthly, informed by international and local factors. International factors include the fact that South Africa imports both crude oil and finished products at a price set at the international level, including importation costs, e.g., shipping costs.

The main reasons for the fuel price adjustments are due to:

1. Crude oil prices

The average Brent Crude oil price decreased from 69.06 US Dollars (USD) to 67.01 USD during the period under review. The main contributing factors are increasing production by OPEC+ and non-OPEC producers, slower global economic growth outlook as well as uncertain trade tariffs.

2. International petroleum product prices

The average international prices of all petroleum products decreased in line with the decrease in crude oil prices. This led to lower contributions to the Basic Fuel Prices (BFP) of petrol by 1.88 cents per litre (c/l), diesel by 54.35 c/l and illuminating paraffin by 35.54 c/l, respectively. The prices of Propane and Butane also decreased during the period under review.

3. Rand/US Dollar exchange rate

The Rand appreciated slightly on average, against the US Dollar (USD), (from 17.76 to 17.73 Rand per USD) during the period under review when compared to the previous one. This cushioned the prices by close to 2.00 cents per litre on all products.

4. Implementation of the Slate Levy

The cumulative slate amounted to a positive balance of R3.26 billion for petrol and diesel of at the end of July 2025. In line with the provisions of the Self-Adjusting Slate Levy Mechanism, the slate levy remains unchanged at zero cents per litre in the price structures of petrol and diesel with effect from the 3^rd of September 2025.

5. The Maximum Refinery Gate Price (MRGP) for LPGas that is imported through the Port of Saldanha Bay in the Western Cape province.

The Maximum Refinery Gate Price (MRGP) and the Maximum Retail Price (MRP) of LPGas that is imported through the Port of Saldanha Bay will be R13 490.04 and R33.79 respectively, effective from the 3^rd of September 2025.

Based on current local and international factors, the fuel prices for September 2025 will be adjusted as follows:

v Petrol 93 (ULP & LRP): Four cents per litre (4.00 c/l) decrease.

v Petrol 95 (ULP &LRP): Four cents per litre (4.00 c/l) decrease.

v Diesel (0.05% sulphur): Fifty-six cents per litre (56.00 c/l) decrease.

v Diesel (0.005% sulphur): Fifty-seven cents per litre (57.00 c/l) decrease.

v Illuminating Paraffin (wholesale): Thirty-seven cents per litre (37.00 c/l) decrease.

v SMNRP for IP: Forty-nine cents per litre (49.00 c/l) decrease.

v Maximum Retail Price of LPGas: One hundred and thirty-two cents per kilogram (132.00 c/kg) decrease and one hundred and fifty-one cents per kilogram (151.00 c/kg) decrease in the Western Cape; and

The fuel prices schedule for the different zones will be published on Tuesday, the 2^nd of September 2025.

Enquiries: [email protected]

Ms Yolanda Mhlathi - [email protected] / 067 258 1122

Mr Johannes Mokobane - [email protected] / 082 766 3674

Ms Lerato Ntsoko - [email protected] / 082 459 2788