Petrol price likely to increase before month-end

Petrol prices are likely to go up

A petrol price hike is expected at the end of July.

This is according to the Automobile Association (AA) that commented on the mid-month fuel price data released by the Central Energy Fund (CEF) on Monday.

 

The AA said there was a slight decrease in the international fuel price.

ALSO READPetrol prices are set to drop at the end of the month

“But the slip in the rand and the high diesel and paraffin prices means the price could increase by the end of the month,” said the AA.

ALSO READ: Big petrol drop on Wednesday

Petrol is expected to rise by 7c a litre, diesel at 22c a litre and paraffin at 19c.

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