REMINDER: Here’s what you’ll pay for petrol from TODAY
The Department of Petroleum and Mineral Resources published the official fuel price adjustments that took effect at midnight on Tuesday.
The Department of Petroleum and Mineral Resources published the official fuel price adjustments that took effect at midnight on Tuesday, 4 February.
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January saw both the global price of petrol increase and the rand come in weaker relative to December 2024, leading to an under-recovery in prices.
Sadly, this has translated into a sizeable price hike at the pumps, marking the fourth consecutive month of increases.
| FUEL | PRICE CHANGE |
| Petrol 93 | increase of 82 cents |
| Petrol 95 | increase of 82 cents |
| Diesel 0.05% | increase of 105 cents |
| Diesel 0.005% | increase of 101 cents |
| Illuminating Paraffin | increase of 97 cents |
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 $76.05 a barrel.
Exchange rate
At the time of publishing the rand/dollar exchange rate is R18.67/$.
The next fuel price adjustment will take effect from Tuesday, 4 March.
The new February 2025 petrol and diesel prices (Inland and Coastal):
| INLAND | February |
| Petrol 93 | R22.16 |
| Petrol 95 | R22.41 |
| Diesel 0.05% | R20.34 |
| Diesel 0.005% | R20.45 |
| Illuminating Paraffin | R14.23 |
| COASTAL | February |
| Petrol 93 | R21.37 |
| Petrol 95 | R21.62 |
| Diesel 0.05% | R19.55 |
| Diesel 0.005% | R19.69 |
| Illuminating Paraffin | R13.23 |
Do you know of any useful ways to help save on fuel prices?
Let us know by leaving a comment below, or send a WhatsApp to 060 011 021 1
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