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Latest fuel price forecast: Sky-high oil price hurts chances of a CUT
['Garrin Lambley']
The South African
Surging global oil prices have reduced the fuel price cuts that were mere weeks ago forecast for SA's motorists in February 2026.
Image: Wikimedia CommonsSurging global oil prices have significantly reduced the fuel price cuts that were mere weeks ago forecast for South Africa’s motorists in early February 2026.
ADVERTISEMENTDiesel relief also scaled backMeanwhile, the diesel price relief has also been scaled back.
The shift has largely been driven by rising international crude oil prices over the past two weeks.
The current January 2026 petrol and diesel prices (Inland and Coastal):INLAND January Petrol 93 R20.64 Petrol 95 R20.75 Diesel 0.05% R18.41 Diesel 0.005% R18.52 Illuminating Paraffin R12.63