The Department of Mineral and Petroleum Resources has confirmed that fuel price adjustments will take effect on 4 March 2026. The changes are influenced by both local and international conditions.
According to the department, rising shipping costs and geopolitical uncertainty linked to escalating tensions involving the United States are among the main reasons for the increase. Higher crude oil prices have also contributed, with the average price rising from 64.08 dollars to 69.08 dollars per barrel.
Petrol 93 and Petrol 95 will both increase by 20 cents per litre. Diesel with 0.05 percent sulphur will go up by 62 cents per litre, while diesel with 0.005 percent sulphur will increase by 65 cents per litre.
Wholesale illuminating paraffin will rise by 45 cents per litre, and the single maximum national retail price for illuminating paraffin will increase by 58 cents per litre. The maximum retail price of LP gas will go up by 23 cents per kilogram, with an increase of 26 cents per kilogram in the Western Cape.
The department says the rise in international petroleum product prices, following the upward trend in crude oil, has pushed up the basic fuel price of petrol by 37.53 cents per litre, diesel by 81.36 cents per litre, and illuminating paraffin by 63.81 cents per litre.
These adjustments reflect the combined impact of global market movements and local economic factors.
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