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South Africa Cuts Petrol by 65c/L and Diesel by Up to 57c From Wednesday

A firmer rand coupled with lower international product prices drove the reductions.

Overview

  • The Department of Mineral and Petroleum Resources confirmed the changes take effect on Wednesday, 4 February 2026, though some reports cited a Tuesday midnight rollout.
  • Both petrol grades drop by 65c per litre, diesel falls by 50c (0.05% sulphur) and 57c (0.005%), illuminating paraffin at retail declines by 70c, and LP gas rises by 31c/kg nationally with a 36c increase in the Western Cape.
  • Estimated prices include 93 unleaded at R19.99/l and 95 unleaded at R19.27/l, with wholesale diesel around R17.91/l for 0.05% and R17.95/l for 0.005%.
  • The slate levy remains at 0.00c/l, supported by a positive cumulative slate balance of R5.064 billion at end-December 2025.
  • Officials cited a stronger rand and softer international product prices, and noted that recent oil-market volatility could change the trajectory of future adjustments.