Fuel Price Increases Confirmed: Here's How Much You'll Pay For Petrol And Diesel From February 5

The Department of Mineral and Petroleum Resources has announced the official fuel price adjustments for February, with significant increases confirmed for both petrol and diesel.

From Wednesday, February 5, both grades of petrol will cost 82 cents per litre more, while diesel is set to increase by between R1.01 in the case of 50ppm and R1.05 for 500ppm.

This will inflate the price of 95 petrol to R21.62 at the coast and R22.45 in Gauteng, while 93 will increase to R22.16.

The wholesale price of 50ppm diesel looks set to reach R18.68 at the coast and R19.44 inland, although retail prices will be somewhat higher than that.

The price adjustments will see a 30 litre petrol refuel costing R24.60 more, while 40 litres will set you back an additional R32.80 and 50 litres an extra R41. A 70 litre diesel refuel given most bakkies have 80 litre tanks will cost R70.70 more than last month.