Official Petrol Price for March 2026
The Department of Petroleum and Mineral Resources has confirmed that new fuel prices will take effect from Wednesday, 4 March 2026.
Fuel prices are increasing across the board, mainly due to a sharp rise in international oil prices linked to geopolitical tensions between the United States and Iran. While the rand strengthened during the review period, it wasn’t enough to fully offset higher oil costs.
Fuel Price Increases (Effective 4 March 2026)
| Fuel Type |
Price Change |
| Petrol 93 |
+20 cents per litre |
| Petrol 95 |
+20 cents per litre |
| Diesel 0.05% (wholesale) |
+62 cents per litre |
| Diesel 0.005% (wholesale) |
+65 cents per litre |
| Illuminating Paraffin (wholesale) |
+44 cents per litre |
| LPGas (Gauteng) |
+23 cents per kg |
| LPGas (Saldanha Bay) |
+26 cents per kg |
Why Prices Went Up
-
Oil prices surged from below $60 to over $80 a barrel, with most of the spike occurring at the end of February
-
International product prices for petrol, diesel, and paraffin all increased
-
The rand strengthened on average, reducing fuel price pressure slightly
-
Average exchange rate improved to R15.9959/$ from R16.3054/$, lowering fuel costs by up to ~19 c/l
-
Despite this, oil price increases outweighed currency gains
The Slate Levy remains at 0.00 c/l, providing some relief.
Inland Pump Prices
| Fuel |
February |
March |
| 93 Petrol |
R19.99 |
R20.19 |
| 95 Petrol |
R20.10 |
R20.30 |
| Diesel 0.05% (wholesale) |
R17.91 |
R18.53 |
| Diesel 0.005% (wholesale) |
R17.95 |
R18.60 |
| Illuminating Paraffin |
R12.10 |
R12.54 |
| LPGas (per kg) |
R34.74 |
R34.97 |
Coastal Pump Prices
| Fuel |
February |
March |
| 93 Petrol |
R19.20 |
R19.40 |
| 95 Petrol |
R19.27 |
R19.47 |
| Diesel 0.05% (wholesale) |
R17.08 |
R17.70 |
| Diesel 0.005% (wholesale) |
R17.19 |
R17.84 |
| Illuminating Paraffin |
R11.08 |
R11.52 |
| LPGas (per kg) |
R31.48 |
R31.72 |
| LPGas (Saldanha) |
R33.58 |
R33.84 |
Bottom Line
-
Petrol rises are moderate, but diesel sees steep increases
-
Oil prices are the main driver, not the rand
-
Transport, food, and logistics costs could feel pressure in March
-
Further oil price spikes could influence April fuel prices
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