South Africa’s motorists will enjoy some relief at the pumps from Wednesday, 4 February after the Department of Petroleum and Mineral Resources announced welcome fuel price decreases.
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.
But how does the new price of petrol per litre differ from what motorists paid – both inland and at the coast – 12 months ago?
February 2025 vs February 2026 petrol prices (Inland and Coastal):
| INLAND | February 2025 | February 2026 | Difference |
| Petrol 93 | R22.16 | R19.99 | R2.17 |
| Petrol 95 | R22.41 | R20.10 | R2.31 |
| COAST | February 2025 | February 2026 | Difference |
| Petrol 93 | R21.37 | R19.99 | R1.38 |
| Petrol 95 | R21.62 | R20.10 | R1.52 |
FUEL PRICE IN SOUTH AFRICA IMPACTED BY TWO MAIN FACTORS:
1. The international price of petroleum products, driven mainly by oil prices
2. The rand/dollar exchange rate used in the purchase of these products
Oil price
At the time of publishing the brent crude oil price is $65.32 a barrel.
Exchange rate
At the time of publishing the rand/dollar exchange rate is R16.01/$.
