The Department of Petroleum and Mineral Resources has published the official fuel price adjustments that will take effect on Wednesday, 4 February 2026.<\/p>\n\n\n\n
January saw oil prices trade higher as a result of geopolitical volatility and worries over escalations between the US and Iran in the Middle East.<\/p>\n\n\n\n
This saw oil prices rise from below $60 a barrel to over $70 a barrel during the course of the month.<\/p>\n\n\n\n
The rise in oil was offset by a major rally in the rand, however, allowing fuel price recoveries to remain positive.<\/p>\n\n\n\n
Because of this, from Wednesday, petrol users will see prices decrease by 65 cents per litre, while diesel drivers will see a cut of between 50 and 57 cents per litre.<\/p>\n\n\n\n
The table below outlines the changes:<\/p>\n\n\n\n The average Brent Crude oil price increased from 61.47 US Dollars (USD) to 64.08 USD during the period under review. <\/p>\n\n\n\n The main contributing factors are the geopolitical uncertainty caused by various events relating to Iran, Greenland, Kazakhstan and Venezuela that gave rise to a risk premium and the extreme cold weather conditions, which disrupted production in the US.<\/p>\n\n\n\n The average international product prices decreased due to increased inventory availability, despite an increase in crude oil prices. <\/p>\n\n\n\n These factors led to lower contributions to the Basic Fuel Prices of petrol, diesel, and illuminating paraffin by 36.46 c\/l, 24.59 c\/l, and 21.13 c\/l, respectively. <\/p>\n\n\n\n The prices of Propane and Butane increased during the period under review due to the cold weather in the Northern Hemisphere and tighter global supply.<\/p>\n\n\n\n The Rand appreciated on average against the US Dollar (from 16.85 to 16.31 Rand per USD) during the period under review, compared to the previous one. <\/p>\n\n\n\n This led to lower contributions to the Basic Fuel Prices of petrol, diesel and Illuminating Paraffin by 28.52 c\/l, 31.62 c\/l and 31.86 c\/l, respectively.<\/p>\n\n\n\n In line with the provisions of the Self-Adjusting Slate Levy Mechanism, the slate levy remains unchanged at zero cents per litre (0.00c\/l) in the price structures of petrol and diesel.<\/p>\n\n\n\n The prices take effect from Wednesday, 4 February 2026.<\/p>\n\n\n\n This is how the price changes will reflect at the pumps (Diesel prices reflect wholesale, pump prices will differ):<\/p>\n\n\n\n The Department of Petroleum and Mineral Resources has published the official fuel price adjustments that will take effect on Wednesday, 4 February 2026.<\/p>\n","protected":false},"author":10,"featured_media":644669,"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":[22162,2171],"class_list":["post-849533","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-energy","tag-dpmr","tag-petrol-price"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/849533","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=849533"}],"version-history":[{"count":5,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/849533\/revisions"}],"predecessor-version":[{"id":852613,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/849533\/revisions\/852613"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/644669"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=849533"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=849533"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=849533"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Fuel<\/strong><\/td> Change<\/strong><\/td><\/tr> Petrol 93<\/td> decrease<\/mark> of 65 cents per litre<\/td><\/tr> Petrol 95<\/td> decrease<\/mark> of 65 cents per litre<\/td><\/tr> Diesel 0.05% (wholesale)<\/td> decrease<\/mark> of 50 cents per litre<\/td><\/tr> Diesel 0.005% (wholesale)<\/td> decrease<\/mark> of 57 cents per litre<\/td><\/tr> Illuminating Paraffin (Wholesale)<\/td> decrease<\/mark> of 53 cents per litre<\/td><\/tr> LPGAS (Gauteng)<\/td> increase <\/mark>of 31 cents per kg<\/td><\/tr><\/tbody><\/table><\/div><\/figure>\n\n\n\n
\n\n\n\nInland<\/strong><\/td> January Official<\/strong><\/td> February Official<\/strong><\/td><\/tr> 93 Petrol<\/td> R20.64<\/td> R19.99<\/td><\/tr> 95 Petrol<\/td> R20.75<\/td> R20.10<\/td><\/tr> Diesel 0.05% (wholesale)<\/td> R18.41<\/td> R17.91<\/td><\/tr> Diesel 0.005% (wholesale)<\/td> R18.52<\/td> R17.95<\/td><\/tr> Illuminating Paraffin<\/td> R12.63<\/td> R12.10<\/td><\/tr> LPGAS (per kg)<\/td> R34.43<\/td> R34.74<\/td><\/tr><\/tbody><\/table><\/div><\/figure>\n\n\n\n Coastal<\/strong><\/td> January Official<\/strong><\/td> February Official<\/strong><\/td><\/tr> 93 Petrol<\/td> R19.85<\/td> R19.20<\/td><\/tr> 95 Petrol<\/td> R19.92<\/td> R19.27<\/td><\/tr> Diesel 0.05% (wholesale)<\/td> R17.58<\/td> R17.08<\/td><\/tr> Diesel 0.005% (wholesale)<\/td> R17.76<\/td> R17.19<\/td><\/tr> Illuminating Paraffin<\/td> R11.62<\/td> R11.08<\/td><\/tr> LPGAS (per kg)<\/td> R31.17<\/td> R31.48<\/td><\/tr> LPGAS (Saldanha)*<\/td> R33.22<\/td> R33.58<\/td><\/tr><\/tbody><\/table><\/div>