What to expect at the pumps: November fuel price changes in South Africa

Motorists can look forward to some relief at the fuel pumps on Wednesday, although the expected savings are not as significant as initially hoped due to a recent rise in international oil prices towards the end of October.

The Department of Mineral Resources and Energy has announced the official fuel price adjustments for November, indicating a decrease of 51 cents per litre for both grades of petrol. Additionally, diesel prices will also see a reduction, with a drop of 19 cents for 50ppm and 21 cents for 500ppm.

This means South Africans will pay R20.29 for a litre of 95 Unleaded petrol at the coast and R21.12 in the inland areas, where the cheaper 93 Unleaded will retail for around R20.97. This will bring petrol prices to their lowest levels in just over a year, and close to three-year lows.

The wholesale price of 50ppm diesel will fall to R18.42 at the coast and R19.18 inland.

Oil prices edge higher

This month saw international oil prices dip to their lowest level in almost six months, with Brent Crude sinking to around $61 around mid-month; however, improved economic sentiments and lower US stockpiles saw prices test the $65 mark last week.

Global investor confidence has improved after US President Donald Trump’s largely positive trade talks with Chinese President Xi Jinping saw some tariffs being reduced, taking pressure off the trade war scenario that has plagued most of 2025.

Nonetheless, this year has seen relative stability on the fuel price front in South Africa. 95 Unleaded petrol, which will cost R20.29 at the coast from November, started the year out at R20.80, reaching a high of R21.62 in February, before edging downwards in most months since.

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Cape Argus