Now that we’ve had some time to celebrate the petrol price cuts of July, it’s time to turn our attention toward August. The Central Energy Fund (CEF) has already gotten moving on the fuel price predictions for next month, teasing a pretty sizeable price decrease for everyone involved. Without the National Treasury getting involved.
August stays winnin’
As ever, the CEF’s figures are not final and are subject to change. The CEF, in conjunction with the Department of Mineral and Petroleum Resources (DMPR), tracks those factors that influence the price of fuel locally. Using this data, it’s able to predict the movements in the price of fuel daily, allowing motorists to prepare accordingly.
The price of fuel is typically adjusted on the first Wednesday of a new month in South Africa, courtesy of the DMPR. In this case, that’ll fall on Wednesday, 5 August. The CEF will continue to provide daily snapshots ’til a day or two before then — when the prices are officially announced. Stuff has got you covered in the meantime.
The biggest factors contributing toward the monthly adjustments are the average Rand/US Dollar exchange rate, as well as the average price of oil globally. With oil prices dropping thanks to the eased tensions elsewhere, the price of petrol has taken two major cuts in recent months — making up for that massive increase earlier this year.
Here are the petrol and diesel price predictions (so far) for August 2026:
- Petrol 93: decrease of 224 cents per litre (R2.24)
- Petrol 95: decrease of 223 cents per litre (R2.23)
- Diesel 0.05%: decrease of 259 cents per litre (R2.59)
- Diesel 0.005%: decrease of 300 cents per litre (R3.0)
- Illuminating Paraffin: decrease of 291 cents per litre (R2.91)
