The Central Energy Fund (CEF) says motorists can expect another fuel price increase in August.
CEF says the prices of both petrol and diesel are expected to increase next month.
Petrol is likely to increase by 36-cents per litre, with diesel set to go up by around 72-cents a litre.
The Automobile Association’s Spokesperson, Layton Beard says, ” The data is showing that the main driver behind the expected increases is international oil prices, which escalated steadily throughout the month.”
“Easing some of the pressure on fuel prices is the rand, which improved against the US dollar throughout the month. The strengthening of the local currency is ensuring the expected fuel increases are not higher but this is not doing enough to avoid the hikes,” Beard adds.
VIDEO: The Petrol price decreased and diesel increased in July:
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