Cape Town – South African motorists can expect significant fuel price drops in February 2026, with mid-month Central Energy Fund data projecting savings of 77-82 cents per litre on petrol and 92 cents to R1.02 on diesel, thanks to a stronger rand (around R16.37/$) and falling global oil prices.
Key Price Projections
| Fuel Type | Inland Change | Coastal Change |
|---|---|---|
| Petrol 93 | -78c | -78c |
| Petrol 95 | -82c | -82c |
| Diesel 0.05% (wholesale) | -93c | -93c |
| Diesel 0.005% (wholesale) | -R1.02 | -R1.02 |
| Illuminating Paraffin | -81c | -81c |
A stronger rand, driven by positive US economic data and South Africa’s economic improvements, combines with volatile but downward oil trends amid Iran tensions and oversupply to deliver these over-recoveries.
Final prices from the Department of Mineral Resources and Energy may shift slightly by month-end.
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Compiled by Betha Madhopmu
