The Minister of Mineral and Petroleum Resources hereby announces the adjustment of fuel prices based on current local and international factors with effect from the 7 th of October 2026.
Media Statement – Fuel Price Adjustments for October 2026
MEDIA STATEMENT
THE MINISTER OF MINERAL AND PETROLEUM RESOURCES
ANNOUNCES ADJUSTMENT OF FUEL PRICES EFFECTIVE FROM
THE 7 TH OF OCTOBER 2026
The Minister of Mineral and Petroleum Resources hereby announces the adjustment
of fuel prices based on current local and international factors with effect from the 7 th of
October 2026.
South Africa’s fuel prices are adjusted monthly, informed by international and local
factors. International factors include the fact that South Africa imports both crude oil
and finished products at a price set at the international level, including importation
costs, e.g., shipping costs.
The main reasons for the fuel price adjustments are as follows:
1. Crude oil prices
The average Brent Crude oil price increased from 87.89 US Dollars (USD) to 101
USD during the period under review. The increase is due to the continued US/Iran
tensions, uncertainty regarding the flow of oil through the Strait of Hormuz, higher
shipping costs and decreasing inventories.
2. International petroleum product prices
The average international product prices of petrol, diesel and illuminating paraffin
increased due to supply shortages caused by lower global inventories of products.
These factors led to higher contributions to the Basic Fuel Prices (BFP) of petrol,
diesel and illuminating paraffin by 329.07 cents per litre (c/l) 280.17 c/l and 357.23
Media Statement – Fuel Price Adjustments for October 2026
c/l, respectively. The prices of Propane and Butane also increased during the
period under review due to supply uncertainties.
3. Rand/US Dollar exchange rate
The Rand appreciated slightly on average, against the US Dollar (from 16.213 to
16.212 Rand per USD) during the period under review when compared to the
previous one. This led to lowerer contributions to the Basic Fuel Prices of petrol,
diesel and Illuminating Paraffin by 0.17 c/l, 0.22 c/l and 0.21 c/l respectively.
4. Implementation of the Slate Levy
The cumulative slate amounted to a negative balance of R10.45 billion for petrol
and diesel of at the end of August 2026. In line with the provisions of the Self
Adjusting Slate Levy Mechanism, the slate levy of 87.66 c/l will be implemented
in the price structures of petrol and diesel with effect from the 2 nd of September
2026. The Slate Levy has increased by 4.38 c/l from 83.28 to 87.66 c/l.
5. Octane differentials between 95 and 93 petrol grades
In line with the Working Rules to determine the Basic Fuels Prices (BFP), the 95
Octane (unleaded) grade is the price-marker grade and the BFP-differential
between 95 and 93 Octanes is adjusted on the first Wednesday of each quarter.
The BFP Octane differential has changed during the previous quarter and
therefore the retail prices of 95 and 93 petrol octanes will be different in each fuel
pricing zone with effect from the 7 th of October 2026.
6. The Maximum Refinery Gate Price (MRGP) for LPGas that is imported
through the Port of Saldanha Bay in the Western Cape province.
The Maximum Refinery Gate Price (MRGP) and the Maximum Retail Price (MRP)
of LPGas that is imported through the Port of Saldanha Bay will be R 15 525.62
per metric ton and R 37.08 per kilogram, respectively, effective from the 7th of
October 2026.Media Statement – Fuel Price Adjustments for October 2026
Based on current local and international factors, the fuel prices for October 2026 will
be adjusted as follows:
❖ Petrol 93 (ULP & LRP): Three hundred and twelve cents per litre (312.000 c/l)
increase.
❖ Petrol 95 (ULP &LRP): Three hundred and thirty-three cents per litre (333.000
c/l) increase.
❖ Diesel (0.05% sulphur): Two hundred and eighty-four point three eight cents per
litre (284.380 c/l) increase.
❖ Diesel (0.005% sulphur): Three hundred and twenty-four point three eight
cents per litre (324.380 c/l) increase.
❖ Illuminating Paraffin (wholesale): Three hundred and fifty-eight cents per litre
(358.000 c/l) increase.
❖ SMNRP for IP: Four hundred and seventy-seven cents per litre (477.000 c/l)
increase.
❖ Maximum Retail Price of LPGas: Forty-two cents per kilogram (42.00 c/kg)
increase and Forty-eight cents per kilogram (48.00 c/kg) increase in the
Western Cape.
The fuel prices schedule for the different Magisterial District Zones (MDZ) will be
published on Tuesday, the 6 th of October 2026.
Enquiries : mediadesk@dmpr.gov.za
Ms Yolanda Mhlathi – yolanda.mhlathi@dmpr.gov.za / 067 258 1122
Mr Johannes Mokobane - johannes.mokobane@dmpr.gov.za / 082 766 3674
Ms Lerato Ntsoko – lerato.ntsoko@dmpr.gov.za / 082 459 2788