October fuel price: Here’s what you’re likely to pay for petrol and diesel from Wednesday
October fuel price: Here’s what you’re likely to pay for petrol and diesel from Wednesday



South Africans can expect moderate adjustments to the price of petrol and diesel from Wednesday, October 1, after a stronger rand outpaced higher oil prices.

Month-end unaudited data from the Central Energy Fund is pointing to a three cent increase for 95 Unleaded petrol and a five cent decrease for 93 Unleaded. However, it’s possible that the energy department will average these out for a decrease of around one cent.

Diesel is looking set for a modest decrease of 10 cents for 500ppm and seven cents for 50ppm, the CEF data shows. Illuminated paraffin looks set for a 10 cent decrease.

The above predictions could see the price of 95 Unleaded petrol rising to R20.79 at the coast and R21.58 in Gauteng, with 93 Unleaded possibly receding to around R21.42. The wholesale price of 50ppm diesel should fall to R18.64 at the coast and R19.40 inland.

The official fuel price adjustments are due to be announced early this week, and will come into effect on Wednesday, October 1.

While international fuel product prices edged upwards during the review period that will determine October’s fuel prices, a stronger rand has added around 14 cents of relief to the fuel price equation. The local currency appreciated to a one-year high of R17.30 to the US dollar late last week, following significant inflows into the local bond market.

ALSO READ: Treasury slammed for increasing fuel taxes in 2025 Budget

A relatively stable currency and historically low international oil prices have ensured a degree of fuel price stability in 2025, with both petrol and diesel prices currently at the same level as they were in January 2025.

This will be the second month of moderate petrol price adjustments, with both grades having seen reductions of four cents in September, while diesel decreased by between 56 cents (500ppm) and 57 cents (50ppm).

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