The Automobile Association of South Africa says the country can expect another hefty fuel price hike going into July.
The AA was commenting on the unaudited mid-month fuel price data released by the Central Energy Fund.
Based on current figures, petrol is set to climb by up to R1.59 a litre, diesel by R1.48, and illuminating paraffin by a massive R1.94.
The AA says the basic fuel price used in South Africa has jumped by eight percent since 1 June, with higher peaks, as international oil prices claw back some of the massive declines of the past four months.
With world demand expected to continue to increase, South Africans must likewise expect the fuel price to gradually edge back towards pre-COVID-19 levels.
However, the Association points out that it will probably take some months for oil to return to its previous trendline, giving motorists something of a breather.
