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Breaking News

April 2026 Petrol Price Hike: SA Fuel Costs Hit Record Highs

By
Karabo Makodi
Published: 9 March 2026,
1 View
6 Min Read
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April 2026 Petrol Price Hike: SA Fuel Costs Hit Record Highs
Man grabbing a fuel nozzle to refuel his vehicle
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South Africans are preparing for a significant petrol price hike in April 2026. Early projections indicate that SA fuel costs could reach record highs. Rising global oil prices, a weaker rand, and new fuel taxes are driving the increase.

Contents
  • Petrol Price Hike Expected to Push SA Fuel Costs Higher
  • Current Fuel Prices in Gauteng
  • Why SA Fuel Costs Are Rising
  • How the Petrol Price Hike Will Affect Gauteng
  • Frequently Asked Questions

Recent data from the Central Energy Fund (CEF) suggests petrol prices could rise by more than R3 per litre. Diesel prices may increase by over R5 per litre if current market trends continue.

These increases would represent one of the largest monthly fuel price adjustments in South African history.

Petrol Price Hike Expected to Push SA Fuel Costs Higher

The latest projections paint a concerning picture for motorists in Gauteng and across South Africa.

According to early CEF estimates, the current best-case scenario suggests:

  • Petrol could increase by R2.41 per litre
  • Diesel may rise by up to R4.50 per litre

However, daily fuel price data shows deeper under-recoveries.

Recent figures show:

  • Petrol under-recovery at about R3.78 per litre
  • Diesel under-recovery close to R7 per litre

If global oil prices remain elevated, the final increase could exceed R3 for petrol and R5 for diesel.

ALSO READ: Middle East War Latest: Overnight Updates and Breaking Developments

Current Fuel Prices in Gauteng

Fuel prices in Gauteng already remain high compared with previous years.

Current retail prices include:

  • 95 Unleaded petrol: R20.30 per litre
  • 93 Unleaded petrol: R20.19 per litre
  • Diesel wholesale price inland: R19.17 per litre

At the coast, petrol is slightly cheaper due to lower transport costs.

  • 95 Unleaded petrol: R19.47 per litre
  • Diesel wholesale: R17.84 per litre

Any major price increase will significantly impact commuters and businesses in Gauteng.

Why SA Fuel Costs Are Rising

Several global and local factors are pushing fuel prices upward.

1. Global Oil Prices Are Surging

Brent crude oil recently climbed to $87 per barrel. This price is 36% higher than February’s average of $64.

Oil prices have increased by around 20% in a single week.

The surge follows growing geopolitical tensions in the Middle East. US and Israeli attacks on Iran have increased risks in global energy markets.

Concerns focus on the Strait of Hormuz, a key shipping route for crude oil. Roughly 20% of the world’s seaborne oil passes through this corridor.

Any disruption could further increase global fuel prices.

More global energy market insights can be found via the International Energy Agency (IEA).

2. A Weaker Rand Is Increasing Import Costs

South Africa imports most of its refined fuel.

Because oil is traded in US dollars, the exchange rate plays a major role in local prices.

The rand has weakened from R16.31 per dollar in February to around R16.54 recently. It briefly hit R16.79 during market volatility.

A weaker currency increases the cost of importing petroleum products.

3. Fuel Taxes Increase in April

The 2026 National Budget also introduced higher fuel levies.

From 1 April 2026, motorists will pay an additional 21 cents per litre in taxes.

The increases include:

  • General Fuel Levy: +9 cents
  • Carbon Fuel Levy: +5 cents
  • Road Accident Fund Levy: +7 cents

After these adjustments, motorists will contribute:

  • R4.10 per litre to the General Fuel Levy
  • R2.25 per litre to the Road Accident Fund

ALSO READ: Joburg Water Outages Next Week: Areas Facing Major Cuts

How the Petrol Price Hike Will Affect Gauteng

Higher SA fuel costs will affect households and businesses across Gauteng.

The province relies heavily on road transport for commuting and logistics. As fuel prices rise, several sectors will feel the pressure.

Key impacts may include:

  • Higher taxi and ride-hailing fares
  • Increased food and delivery costs
  • Rising logistics expenses for businesses

These costs often filter through to everyday goods and services.

As a result, consumers may face further inflation in the coming months.

Frequently Asked Questions

When will the new fuel price take effect?

South Africa adjusts fuel prices on the first Wednesday of every month. April’s adjustment will take effect in early April 2026.

Why does South Africa experience fuel price increases?

Fuel prices depend on global oil prices, exchange rates, and government levies. These factors determine the final pump price.

Could prices still change before April?

Yes. The final price will depend on market conditions until the end of March.

South Africa is heading toward a significant petrol price hike in April 2026. Early data suggests SA fuel costs could rise to record levels.

Global oil market tensions, a weaker rand, and higher fuel taxes are driving the increase.

Motorists in Gauteng should prepare for higher transport costs as the final fuel price adjustment approaches.

TAGGED:FinanceLatest NewsnewsTransport
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