Fuel Oil Price in South Africa
The chart above illustrates Fuel Oil prices in South Africa, in ZAR/mt, from May 2024 to May 2025, as follows:
- Fuel Oil (IFO), exp, ZA: Fuel Oil (intermediate), export spot, fob, South Africa
- Fuel Oil (LFO), dom, ZA: Fuel Oil (light), domestic, ddp, South Africa
Further information about price assessments covered can be found in the assessments guide.
The price of Fuel Oil (IFO), exp, ZA in May 2025 was approximately 7,960 ZAR per mt, showing a 6.1% decrease compared to the preceding month. Year-over-year, Fuel Oil (IFO), exp, ZA prices saw a decline of 17.1%.
For May 2025, Fuel Oil (LFO), dom, ZA price was recorded at about 16,100 ZAR per mt, representing a 2.2% drop from the previous month. Annually, Fuel Oil (LFO), dom, ZA prices experienced an 18.1% decrease.
Recent data, updated on January 6th, 2026, can be found in the South Africa Energy Prices & Markets Report. Updated monthly, the report provides price assessments and market analyses for Fuel Oil and other oil products, encompassing domestic supply and trade dynamics. It also covers other energy commodities in South Africa, presenting price assessments and market analyses of production, demand, trade, and South Africa's energy self-sufficiency.
Price Assessments Covered in the Report
Access timely and reliable Fuel Oil price assessments — updated every month and backed by consistent methodologies.
Current Prices
Access up-to-date Fuel Oil price assessments released at the beginning of each month, providing consolidated and relevant market data.
Price Forecasts
View short-term Fuel Oil price projections that help you anticipate market direction and make informed decisions.
Historical Prices
Explore historical Fuel Oil price series over multiple timeframes to identify short-, medium-, and long-term trends.
Beyond Prices: Market Analyses Covered
Understand the broader energy dynamics shaping South Africa's markets.
Production & Demand
Track energy production and consumption patterns to understand supply-demand dynamics across sectors.
Imports & Exports
Analyze energy trade flows and key trading partners to evaluate cross-border dependencies.
Energy Balance & Self-Sufficiency
Assess South Africa's energy balance and self-reliance, identifying exposure to external supply sources.
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