More petrol price hikes for SA: ‘Oil down but Rand pummels fuel price’ – AA

Motorists will have to brace themselves as fuel prices look set for another jump going into July, says Automobile Association (AA), commenting on unaudited mid-month fuel data released by the Central Energy Fund (CEF).   AA said: "Since the start of June, the Rand has steadily weakened against the US dollar, with the average cost per dollar having climbed from around the R12.50 mark to nearly R13. "Fortunately international oil prices retreated over the same period, and have had a very small impact on the figures."