Official fuel prices for October: Here’s what you’ll 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.

The Department of Mineral and Petroleum Resources has announced petrol price increases of one cent per litre for 93 Unleaded and eight cents for 95 Unleaded.

Diesel will see modest decreases of 10 cents for 500ppm and eight cents for 50ppm, the department said. Illuminated paraffin will see an 11 cent decrease.

Following the adjustments, the price of 95 Unleaded petrol will rise to R20.84 at the coast and R21.63 in Gauteng, with 93 Unleaded increasing to R21.48. The wholesale price of 50ppm diesel should fall to R18.63 at the coast and R19.39 inland.

While international fuel product prices edged upwards during the review period that determined October’s fuel prices, a stronger rand has added around 14 cents of relief to the fuel price equation. The local currency appreciated from an average of R17.73 to the US dollar during the previous review period to R17.49 in October. Later in the month, it hit a one-year high of R17.30, 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).

Get your news on the go. Download the latest IOL App for Android and IOS now

IOL Motoring