Siphofaneni– Motorists could see some relief at the pumps in the coming months after the Minister of Natural Resources and Energy, Prince Lonkhokhela, revealed that discussions with fuel suppliers indicate prices are expected to decline.
Addressing government officials and attendees during a tour of the Eswatini Strategic Oil Reserve Facility on Friday at Phuzumoya, the minister said his office had been engaging fuel suppliers, who have assured government that the recent upward pressure on fuel prices is expected to ease.
“The prices will go down in the coming months. I don’t know by how much, but the indicators are pointing in that direction,” the minister noted.
He did not specify when the reduction would take effect or by how much prices would fall, saying the exact figures would depend on market conditions.
The minister also commended fuel wholesalers for ensuring Eswatini maintained a steady supply during periods of global shortages.
“I must reiterate my gratitude to the suppliers of petrol in the country. They worked with us so diligently during those times when there was an acute shortage in the entire world. We never fell short of supplies,” he said.
He noted that while several countries experienced long queues and fuel shortages, Eswatini managed to keep fuel flowing despite global supply chain disruptions.
Fuel prices have been adjusted multiple times in Eswatini in response to international oil prices, exchange rate movements and geopolitical tensions affecting global energy markets. Since late 2025, motorists have experienced a series of increases, including sharp hikes in April and May this year driven by soaring global crude oil prices. While there have been occasional reductions, such as a 70-cent decrease in February, the overall trend has largely been upward, leaving fuel costs significantly higher than they were a year ago.
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