The rand appreciated slightly on average against the US Dollar – from R16,85 to R16,31 per USD – during the period under review. This led to lower contributions to the Basic Fuel Prices of petrol by 20,08c per litre, and 22,31c per litre for diesel, and 22,54c per litre for illuminating paraffin.
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In the past month, the average price of a barrel of crude oil increased from $61,47 to $64,08 per barrel, mainly due to political tension in the middle east and Venezuela.
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The fuel prices will be adjusted as follows from 7 January 2026:
- Petrol 93 ULP & LRP: Decrease of 65c/l
- 95 ULP & LRP: Decrease of 65c/l
- Diesel 500ppm: Decrease of 50c/l
- Diesel 50ppm: Decrease of 57c/l
- Illuminating paraffin: Decrease of 53c/l on the wholesale price
- Illuminating paraffin: Decrease of 70c/l on the suggested retail price
This adjustment would mean a decrease of about R35,75 for a tank of petrol and about R31,35 on a 55-litre tank of diesel.
