US EditionFuel Prices Falling Again: Here’s How Much You'll Pay for Petrol and Diesel From February 4
Petrol prices drop 65 cents per litre and diesel falls up to 57 cents as a stronger rand offsets global oil price increases, easing costs for South African motorists.
- On Tuesday, the Department of Petroleum and Mineral Resources announced fuel price decreases taking effect from midnight on Tuesday, 3 February, with petrol falling by 65 cents and diesel by 50 to 57 cents per litre.
- After a volatile January in global oil markets, international oil prices traded higher due to tensions involving the United States and Iran, pushing prices above $70.
- Using current market data, the department noted Brent crude at $66.14 a barrel and a R16.07/$ exchange rate in pump price calculations.
- At the pumps, coastal and inland retail markets show 95 Unleaded falling to around R19.28 at the coast and about R20.11 in Gauteng, while 50ppm diesel declines to roughly R17.20 coastal and R17.96 inland.
- Despite a brief Brent crude surge to $68 a barrel on Monday, a strong rally in the rand helped cushion fuel-price pressure and enabled February reductions.
11 Articles
11 Articles
Fuel prices to drop by up to 65 cents a litre from Wednesday – The Mail & Guardian
The prices of petrol, diesel and illuminating paraffin will fall by as much as 65 cents a litre from Wednesday, the department of mineral and petroleum resources said on Monday. Petrol 93 and 95 — both unleaded and lead replacement variants — will cost 65 cents less at retail points. The wholesale price of diesel with 0.05% sulphur will decrease by 50 cents and that of 0.005% sulphur diesel by 57 cents. Illuminating paraffin — used by many poo…
Here are the official petrol and diesel prices for February 2026
Motorists will see some relief at the pumps this month after the Department of Petroleum and Mineral Resources announced fuel price decreases that will take effect from midnight on Tuesday, 3 February. According to the department, petrol prices will drop by 65 cents per litre, while diesel prices will decrease by between 50 and 57 cents per litre, depending on the grade. Volatile January The price adjustments follow a volatile January in global …
Fuel prices drop this week but gas users will pay more
By Selloane Ntshonyane Petrol will drop by 65 cents per litre, diesel by 50 to 57 cents, and paraffin by 53 cents each. The rand strengthened from R16.85 to R16.31 against the dollar, helping reduce fuel costs despite crude oil price increases globally. Motorists will get some relief at the pumps this week. Petrol, diesel and paraffin prices will drop from Wednesday, 4 February. The Minister of Mineral and Petroleum Resources announced the fue…
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