Big petrol and diesel prices cuts from Wednesday – here’s how much you’ll pay

Big petrol and diesel prices cuts from Wednesday. Picture: iStock South African motorists will pay less for petrol and diesel at the pumps from Wednesday, 4 February 2026. The department of Mineral Resources and Energy (DMRE) announced that both the price of 93-octane and 95-octane petrol will decrease by 65 cents per litre.

The price of diesel (0.05% sulphur) decreases by 50 cents per litre, while diesel with 0.005% sulphur goes down by 57 cents per litre. Meanwhile, illuminating paraffin will cost 53 cents less per litre, while the price of LP gas increases by 31 cents/kg. When the fuel price adjustment kicks in, a litre of 93 unleaded petrol will cost R19.99 per litre, while 95 unleaded will be R19.27 a litre.

The wholesale price of 0.05% (500 PPM) diesel will decrease to R17.91 per litre, and 0.005% (50 PPM) will cost R17.95 a litre. DMRE spokesperson Robert Maake said that several factors, including international petroleum product prices and the rand-US dollar exchange rate, contributed to the decrease in petrol and diesel prices. Maake said the average Brent Crude oil price increased from 61.47 US Dollars (USD) to 64.08 USD during the period under review.