fuel price SA June
The latest numbers suggest that there will be a significant petrol and diesel price decrease in South Africa early next month. Photo: Wikimedia Commons

Home » How much petrol and diesel will cost in Gauteng from MIDNIGHT

How much petrol and diesel will cost in Gauteng from MIDNIGHT

The Central Energy Fund has confirmed the latest petrol and diesel price hikes which will come into effect at midnight on Tuesday, 6 February.

fuel price SA June
The latest numbers suggest that there will be a significant petrol and diesel price decrease in South Africa early next month. Photo: Wikimedia Commons

The Central Energy Fund (CEF) has confirmed the latest petrol and diesel price hikes which will come into effect at midnight on Tuesday, 6 February.

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Below, the confirmed price hikes as received by The South African website from the CEF.

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FUELPRICE CHANGE
Petrol 93increase of 75 cents
Petrol 95increase of 75 cents
Diesel 0.05%increase of 73 cents
Diesel 0.005%increase of 70 cents
Illuminating Paraffinincrease of 53 cents

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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

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Oil price

At the time of publishing the brent crude oil price is $77.87 a barrel.

Exchange rate

At the time of publishing the rand/dollar exchange rate is R18.94/$.

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The final overall price changes for both petrol and diesel will be confirmed in the weeks ahead with the new prices coming into effect at midnight on Tuesday, 6 February.

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New February 2024 petrol and diesel prices (Inland and Coastal):

INLANDFebruary
Petrol 93R22.92
Petrol 95R23.24
Diesel 0.05%R21.36
Diesel 0.005%R21.43
Illuminating ParaffinR15.84
COASTALFebruary
Petrol 93R22.20
Petrol 95R22.52
Diesel 0.05%R20.64
Diesel 0.005%R20.74
Illuminating ParaffinR14.91

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