Economists expect another fuel price hike in May

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Economists say motorists are likely to pay more for fuel next month.

Analyst, Azar Jammine says the oil price has fallen back in recent weeks from a peak of 128-dollars, to around 117-dollars a barrel.

He says however, the full benefit of the fall will have little effect, because the rand has weakened somewhat over the past few weeks.

The fuel price rose beyond the record-breaking 11-rand-a-litre mark last month.

Jammine says the petrol price is likely to go up by around 17-cents per litre in May.