The price of all grades of petrol will decrease by 93 cents per litre on Wednesday (February), the energy department said on Friday.
The price of diesel (0.05 and 0.005 percent sulphur) would decrease by R1.02 a litre.
The price of 93 and 95 octane petrol decreased by R1.27 and R1.23 a litre in January, to R11.02 a litre and R11.24 a litre respectively.
The petrol price in Gauteng hit at a record worst level of R14.39 a litre in April 2014.
Oil prices have more than halved in recent month to below $45 a barrel from more than $100 in mid 2014
This means that Coastal petrol users will pay R9.85 per litre for 93 petrol and R9.90 per litre for 95 petrol, while Reef users will pay R10.09 per litre for 93 petrol and R10.31 per litre for 95 petrol.
The fuel price changes to be effected on February 4 are as follows:
• Petrol (both grades): 93c/l decrease
• Diesel (0.05% and 0.005% sulphur): 102c/l decrease
• IP wholesale: 102c/l decrease
• SMNRP for IP: 136c/l decrease
• Maximum LPGas retail price: 150c/kg decrease