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Fuel prices set to drop as rand strengthens and oil prices fall

Cape Argus

|

January 06, 2026

MOTORISTS can look forward to lower fuel prices this week, as a stronger rand and lower international oil prices have led to a significant over-recovery for petrol and diesel.

- JASON WOOSEY

Month-end data from the Central Energy Fund (CEF) is pointing to petrol price decreases of between 62 cents per litre for 93 Unleaded and 66 cents for 95 Unleaded. Diesel is looking set for price cuts of R1.36 for 500ppm and R1.49 for 50ppm.

These cuts will bring the coastal prices of 95 Unleaded and 50ppm diesel to their lowest levels since February 2022.

A litre of 95 Unleaded is expected to cost R19.92 at the coast from tomorrow, bringing it below the R20 barrier for the first time in almost four years.

Those in the inland regions will pay around R20.75 for 95 Unleaded and R20.64 for 93 Unleaded.

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