JOHANNESBURG – The Automobile Association (AA) said motorists should brace for yet another petrol price hike next month.
It’s predicting a month-end increase of 56 cents a litre for petrol, 47 cents for diesel while illuminating paraffin is predicted to go up by 41 cents a litre.
The association’s Layton Beard has attributed the hike to increased international oil prices.
“Oil prices advanced at a leisurely pace during January, but the increase has quickened since then. The international oil prices has shot up by 8% in the two weeks of February leading to the forecasted increase for fuel going into March.”
