{"id":846534,"date":"2025-12-16T13:00:00","date_gmt":"2025-12-16T11:00:00","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=846534"},"modified":"2025-12-16T11:53:18","modified_gmt":"2025-12-16T09:53:18","slug":"here-is-the-expected-petrol-price-for-january-5","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/energy\/846534\/here-is-the-expected-petrol-price-for-january-5\/","title":{"rendered":"Here is the expected petrol price for January"},"content":{"rendered":"\n<p>Mid-month data from the Central Energy Fund (CEF) indicate that petrol and diesel users in South Africa are anticipating a significant price cut in the new year.<\/p>\n\n\n\n<p>The data shows that both the rand-dollar exchange rate and the movement in global product prices, driven by global oil, are working in favour of motorists.<\/p>\n\n\n\n<p>The stronger rand heading into the new year has kept fuel recoveries positive, while oil prices have dropped significantly, bringing petrol prices into the positive as well.<\/p>\n\n\n\n<p>Contrary to the start of the month, petrol prices are now consistently showing a positive recovery, currently at between 15 and 17 cents per litre.<\/p>\n\n\n\n<p>Diesel prices, meanwhile, have just continued to shine, now showing around a R1 per litre over-recovery heading into the new year.<\/p>\n\n\n\n<p>These are the projected levels at mid-month:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Petrol 93:<\/strong> <mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-cyan-blue-color\">decrease <\/mark>of 15 cents per litre<\/li>\n\n\n\n<li><strong>Petrol 95:<\/strong> <mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-cyan-blue-color\">decrease <\/mark>of 17 cents per litre<\/li>\n\n\n\n<li><strong>Diesel 0.05% (wholesale):<\/strong>\u00a0<mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-cyan-blue-color\">decrease <\/mark>of 94 cents per litre<\/li>\n\n\n\n<li><strong>Diesel 0.005% (wholesale):<\/strong>\u00a0<mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-cyan-blue-color\">decrease <\/mark>of 102 cents per litre<\/li>\n\n\n\n<li><strong>Illuminating paraffin:\u00a0<\/strong><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-cyan-blue-color\">decrease <\/mark>of 69 cents per litre<\/li>\n<\/ul>\n\n\n\n<p>The CEF does not present daily snapshot data for LP Gas, so it is not currently possible to give the expected price for December.<\/p>\n\n\n\n<p>The daily snapshots from the CEF are also not entirely predictive of the final fuel price adjustments, and the numbers may change by the end of the month.<\/p>\n\n\n\n<p>The Department of Petroleum and Mineral Resources only announces the final price a few days before the implementation date.<\/p>\n\n\n\n<p>However, the data does give a strong indication of where prices are headed and reflects the current market trends for the first half of the month.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><a  data-lightbox=\"post-image\" href=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2025\/12\/Recoveries-mid-december-2025.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"170\" src=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2025\/12\/Recoveries-mid-december-2025-1024x170.jpg\" alt=\"\" class=\"wp-image-846535\" srcset=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2025\/12\/Recoveries-mid-december-2025-1024x170.jpg 1024w, https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2025\/12\/Recoveries-mid-december-2025-300x50.jpg 300w, https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2025\/12\/Recoveries-mid-december-2025-768x128.jpg 768w, https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2025\/12\/Recoveries-mid-december-2025.jpg 1264w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/a><\/figure>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\">Rand dollar exchange<\/h2>\n\n\n\n<p>As the year draws to a close, the rand remains on the front foot, trading stronger against the dollar at around R16.80\/$<\/p>\n\n\n\n<p>The unit strengthened on Monday, supported by higher gold prices, as local investors looked towards the year&#8217;s final pieces of economic data for clues on the health of the economy.<\/p>\n\n\n\n<p>Gold held near a more than seven-week high on Monday on a weaker dollar and lower US yields. As a major producer of precious metals, South Africa often benefits from firmer bullion prices.<\/p>\n\n\n\n<p>&#8220;Through the past week, the rand was able to capitalise on weaker USD sentiment. As the USD remained in a weaker trend, the rand was able to sustain the break below 16.90\/$ and open the door for even more appreciation,&#8221; ETM Analytics said in a research note.<\/p>\n\n\n\n<p>&#8220;Technically speaking, the rand could now test levels in the 16.60s before the end of the year, which would play a significant role in reinforcing the virtuous cycle that has resulted in the rand appreciating as much as it has this year,&#8221; ETM Analytics said.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><a  data-lightbox=\"post-image\" href=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2025\/12\/Exchange-rate-mid-December-2025.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"333\" src=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2025\/12\/Exchange-rate-mid-December-2025-1024x333.jpg\" alt=\"\" class=\"wp-image-846537\" srcset=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2025\/12\/Exchange-rate-mid-December-2025-1024x333.jpg 1024w, https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2025\/12\/Exchange-rate-mid-December-2025-300x98.jpg 300w, https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2025\/12\/Exchange-rate-mid-December-2025-768x250.jpg 768w, https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2025\/12\/Exchange-rate-mid-December-2025.jpg 1252w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/a><\/figure>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\">Global oil prices<\/h2>\n\n\n\n<p>Oil is on track for a yearly loss with supply set to exceed demand both this year and next, thanks to growth in production from within the Organisation of the Petroleum Exporting Countries (OPEC+) and a host of nations outside the group in the Americas. <\/p>\n\n\n\n<p>The International Energy Agency estimates that the surplus next year will be the largest on record.<\/p>\n\n\n\n<p>More recently, oil extended declines, with Brent crude slipping below $60 a barrel for the first time since May, as indications grow that supply is outpacing demand against the backdrop of efforts to end the war in Ukraine.<\/p>\n\n\n\n<p>Signs of weakness are mounting across the oil market, with Middle Eastern crude prices briefly entering a bearish contango pattern early on Tuesday. <\/p>\n\n\n\n<p>The same has happened with some barrels sold on the US Gulf Coast. Other parts of the market, however, remain in the opposite backwardation pattern that still indicates supply tightness.<\/p>\n\n\n\n<p>Notably, the decline will bring some relief to central bankers looking to cut interest rates next year by offering a reprieve from inflationary pressure. <\/p>\n\n\n\n<p>However, it also threatens the budgets of oil producer nations and companies alike.<\/p>\n\n\n\n<p>The drop in recent days has been compounded by the prospect of an end to the conflict in Ukraine.<\/p>\n\n\n\n<p>President Volodymyr Zelenskiy said he has an agreement with the US to make security guarantees legally binding through a vote in Congress as part of a deal to end Russia\u2019s war.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><a  data-lightbox=\"post-image\" href=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2025\/12\/Product-Prices-mid-December-2025.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"366\" src=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2025\/12\/Product-Prices-mid-December-2025-1024x366.jpg\" alt=\"\" class=\"wp-image-846536\" srcset=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2025\/12\/Product-Prices-mid-December-2025-1024x366.jpg 1024w, https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2025\/12\/Product-Prices-mid-December-2025-300x107.jpg 300w, https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2025\/12\/Product-Prices-mid-December-2025-768x275.jpg 768w, https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2025\/12\/Product-Prices-mid-December-2025.jpg 1253w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/a><\/figure>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p>This is how the price changes are expected to reflect at the pumps (Diesel prices reflect wholesale, pump prices will differ):<\/p>\n\n\n\n<figure class=\"wp-block-table\"><div class=\"table-responsive\"><table class=\"table\" class=\"has-fixed-layout\"><tbody><tr><td><strong>Inland<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\"><strong>December Official<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\"><strong>January Expected<\/strong><\/td><\/tr><tr><td>93 Petrol<\/td><td class=\"has-text-align-center\" data-align=\"center\">R21.26<\/td><td class=\"has-text-align-center\" data-align=\"center\">R21.11<\/td><\/tr><tr><td>95 Petrol<\/td><td class=\"has-text-align-center\" data-align=\"center\">R21.41<\/td><td class=\"has-text-align-center\" data-align=\"center\">R21.24<\/td><\/tr><tr><td>Diesel 0.05% (wholesale)<\/td><td class=\"has-text-align-center\" data-align=\"center\">R19.78<\/td><td class=\"has-text-align-center\" data-align=\"center\">R18.84<\/td><\/tr><tr><td>Diesel 0.005% (wholesale)<\/td><td class=\"has-text-align-center\" data-align=\"center\">R20.02<\/td><td class=\"has-text-align-center\" data-align=\"center\">R19.00<\/td><\/tr><tr><td>Illuminating Paraffin<\/td><td class=\"has-text-align-center\" data-align=\"center\">R13.73<\/td><td class=\"has-text-align-center\" data-align=\"center\">R13.04<\/td><\/tr><\/tbody><\/table><\/div><\/figure>\n\n\n\n<figure class=\"wp-block-table\"><div class=\"table-responsive\"><table class=\"table\" class=\"has-fixed-layout\"><tbody><tr><td><strong>Coastal<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\"><strong>December Official<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\"><strong>January Expected<\/strong><\/td><\/tr><tr><td>93 Petrol<\/td><td class=\"has-text-align-center\" data-align=\"center\">R20.47<\/td><td class=\"has-text-align-center\" data-align=\"center\">R20.32<\/td><\/tr><tr><td>95 Petrol<\/td><td class=\"has-text-align-center\" data-align=\"center\">R20.58<\/td><td class=\"has-text-align-center\" data-align=\"center\">R20.41<\/td><\/tr><tr><td>Diesel 0.05% (wholesale)<\/td><td class=\"has-text-align-center\" data-align=\"center\">R18.95<\/td><td class=\"has-text-align-center\" data-align=\"center\">R18.01<\/td><\/tr><tr><td>Diesel 0.005% (wholesale)<\/td><td class=\"has-text-align-center\" data-align=\"center\">R19.26<\/td><td class=\"has-text-align-center\" data-align=\"center\">R18.24<\/td><\/tr><tr><td>Illuminating Paraffin<\/td><td class=\"has-text-align-center\" data-align=\"center\">R12.72<\/td><td class=\"has-text-align-center\" data-align=\"center\">R12.03<\/td><\/tr><\/tbody><\/table><\/div><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>Mid-month data from the Central Energy Fund (CEF) shows that petrol and diesel users in South Africa are lining up for a sizeable cut to pricing in the new year.<\/p>\n","protected":false},"author":10,"featured_media":821002,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_sma_x_autopost_status":"idle","_sma_x_autopost_error":"","_sma_x_post_id":"","_sma_x_attempts":0,"footnotes":""},"categories":[9874],"tags":[8995,19909,2171],"class_list":["post-846534","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-energy","tag-cef","tag-diesel-price","tag-petrol-price"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/846534","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=846534"}],"version-history":[{"count":1,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/846534\/revisions"}],"predecessor-version":[{"id":846538,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/846534\/revisions\/846538"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/821002"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=846534"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=846534"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=846534"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}