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economic relief may 2025

south africa fuel prices global oil market impact
Business

A Breath of Relief: South Africa’s Fuel Price Drop in May 2025

by Emma Botha
May 16, 2025

In May 2025, fuel prices in South Africa dropped, giving a muchneeded break to many people and businesses. This fall happened because global oil prices went down due to trade troubles and a slowing world economy. Petrol became cheaper by 22 cents per litre, diesel by about 42 cents, and paraffin by 31 cents, helping families save money. Though the rand weakened and some levies rose, the lower fuel costs brought a fresh wave of hope and relief across the country. For many South Africans, this is a small but bright moment amid ongoing economic challenges.

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