The Middle East is experiencing ongoing geopolitical instability stemming from military confrontations involving Israel, the United States of America, and Iran, along with its associated regional armed groups. The global community, including South Africa, continues to experience the consequences of escalating petroleum prices resulting from substantial increases in international crude oil costs.
South Africa, alongside numerous countries worldwide, will face record-high fuel expenses as the latest oil disruptions caused by Middle Eastern conflict are reflected in the government’s monthly fuel pump adjustments.
The retail price of 95-octane petrol in Gauteng province will increase by R3.33 per litre on Wednesday, 7 October. On Monday, 5 October, the Minister of Mineral and Petroleum Resources, Gwede Mantashe, announced fuel price adjustments based on prevailing local and international conditions, emphasising that South Africa implements monthly fuel price modifications informed by both international and domestic factors.
International considerations include South Africa’s reliance on imported crude oil and refined petroleum products priced at international market rates, along with associated importation expenses, shipping costs, and other relevant factors.
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According to the statement, the 12% increase will raise the pump price to R30.25 per litre, representing the highest price recorded to date.
Based on current local and international conditions, the fuel prices for October 2026 will be adjusted as follows:
Petrol 93 (ULP & LRP): three hundred and twelve cents per litre (312.000 c/l) increase.
Petrol 95 (ULP &LRP): Three hundred and thirty-three cents per litre (333.000 c/l) increase.
Diesel (0.05% sulphur): Two hundred and eighty-four point three eight cents per litre (284.380 c/l) increase.
Diesel (0.005% sulphur): Three hundred and twenty-four point three eight cents per litre (324.380 c/l) increase.
Illuminating Paraffin (wholesale): A three hundred and fifty-eight cents per litre (358.000 c/l) increase.
SMNRP for IP: Four hundred and seventy-seven cents per litre (477.000 c/l) increase.
- Maximum Retail Price of LPGas: Forty-two cents per kilogram (42.00 c/kg) increase and forty-eight cents per kilogram (48.00 c/kg) increase in the Western Cape.
