How much petrol and diesel will cost in Gauteng from MIDNIGHT

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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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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Go easy on the accelerator until then, Mzansi.

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

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