The Department of Petroleum and Mineral Resources has published the official fuel price adjustments that will take 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 hefty 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 $74.97 a barrel.
Exchange rate
At the time of publishing the rand/dollar exchange rate is R18.75/$.
South Africa’s motorists are urged to fill up today before the price increases take effect.
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 clicking on the comment tab below this article or by emailing info@thesouthafrican.com or sending a WhatsApp to 060 011 021 1
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