US EditionConfirmed: Petrol to hit cheapest level since 2022 this week
Fuel prices cut by up to 150 cents per litre due to stronger rand and oversupply of oil, easing inflation and transport costs according to the Department of Mineral Resources.
- On Wednesday, the Department of Mineral Resources and Petroleum confirmed large fuel price cuts, lowering unleaded 93 by 62c and unleaded 95 by 66c to R19.92 on the coast and R20.75 in Gauteng.
- Over the past month, the rand appreciated from R17.22 to R16.85, while Brent crude oil fell from $63.55 to $61.47, according to the department said.
- Wholesale diesel will fall between R1.37 and R1.50 a litre, lowering to around R18.42 in Gauteng and R17.59 on the coast, while retail diesel cuts of 137–150 cents and illuminating paraffin will drop 110 cents.
- Households and businesses will gain immediate relief as lower pump prices ease costs for transport and logistics sectors, while officials call the cuts a promising start to containing inflation in 2026 after consumer inflation cooled to 3.5% in November.
- The department said the monthly fuel-pricing mechanism reflected a prior over-recovery in fuel prices and December oil volatility .
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South Africa: Retail Fuel Prices At the Pump to Fall From Wednesday
Fuel prices are a key driver of inflation in South Africa and not just because of their impact on motorists. In the price pipeline they have a material effect on transport and energy costs which ripple through the value chain to consumers.
Fuel prices to fall sharply, driven by lower global oil markets – The Mail & Guardian
Motorists will see significant relief at the pumps from midnight on Wednesday, with the prices of petrol and diesel dropping significantly on the back of lower global oil prices and a stronger rand, the department of mineral and petroleum resources said. The cost of petrol will fall by more than 60 cents a litre, while diesel users will benefit from reductions of up to R1.50 a litre. The adjustments follow a monthly review that considers interna…
Here is the official petrol price for January 2026
Motorists across South Africa can expect significant relief at the pumps from Wednesday, 7 January 2026, following the latest fuel price adjustments announced by the Department of Petroleum and Mineral Resources. The price cuts come after a volatile December for global oil markets, with crude oil prices trading in a relatively wide range between $58 and $63 per barrel. Rand strengthened At the same time, the rand strengthened notably toward the …
Retail fuel prices at the pump to fall from Wednesday, good news on inflation front
Fuel prices are a key driver of inflation in South Africa and not just because of their impact on motorists. In the price pipeline they have a material effect on transport and energy costs which ripple through the value chain to consumers.
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