OilPrices.co.za

Live Oil Price Today Live

Brent crude in USD and ZAR, South African petrol & diesel prices, and the next fuel-price adjustment — updated continuously.

Brent Crude Oil Price

$94.09 / barrel
▼ $2.32 (-2.41%) today
USD / barrel
$94.09
Source: Stooq
ZAR / barrel
R1,539.05
@ R16.3572/$
ZAR / litre (crude)
R9.68
1 barrel = 158.987 L

Updated 08:13 UTC . Brent crude (ICE: B, NYMEX: BZ=F) is the international benchmark for two-thirds of the world's traded crude oil.

Brent Crude Price Chart

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South African Fuel Prices Today

Official Department of Mineral Resources & Energy (DMRE) prices for May 2026, effective from 2026-05-07.

Next price adjustment in 7 days · Wednesday, 3 June 2026
ProductInland (R/litre)Coastal (R/litre)
Petrol 95 UnleadedR23.50R22.80
Petrol 93 Unleaded / LRPR23.20R22.50
Diesel 0.05% (50ppm)R21.40R20.70
Diesel 0.005% (10ppm)R21.50R20.80
Illuminating Paraffin (wholesale)R15.20 / litre
LPGas (max retail)R32.50 / kg

Quick Crude-Oil Converter

Equivalent crude value
R1,539.05 / barrel · R9.68 / litre

This is the raw crude-oil value only. The pump price you pay in South Africa adds the Basic Fuel Price margin, levies, taxes and retail mark-ups — see our fuel-price breakdown.

Frequently Asked Questions

What is the current Brent crude oil price?

Brent crude is trading at $94.09 per barrel, which equals roughly R1,539.05 per barrel or R9.68 per litre of crude at the current exchange rate of R16.3572 to the dollar.

When does the South African fuel price change?

The DMRE adjusts petrol, diesel, paraffin and LPG prices on the first Wednesday of every month. The next adjustment is scheduled for Wednesday, 3 June 2026 — that's in 7 days from today.

Why does South Africa use Brent crude as a benchmark?

South Africa imports the majority of its crude oil and refined fuels from regions whose pricing references Brent (the North Sea, West Africa and the Middle East). The DMRE's Basic Fuel Price formula therefore tracks Brent-related refined product prices rather than WTI (the US benchmark).

How is the SA pump price calculated?

The retail pump price combines the Basic Fuel Price (the international import-parity cost of refined product), the General Fuel Levy, the Road Accident Fund levy, customs and excise, the slate levy, carbon tax, and wholesale plus retail margins. International Brent prices and the rand/dollar exchange rate are by far the two biggest movers.

Is the Brent price on this site real-time?

Brent futures (ICE: B / NYMEX: BZ=F) carry an exchange licence fee for live tick data, so public feeds such as the ones used here are delayed by approximately 15 minutes. Prices on this page refresh every 10 minutes during market hours.