The price of gasoline is expected to increase at the end of July, in August

An overwhelming news for motorists across the country is that the price of oil is expected to rise further.

The Automobile Association (AA) says fuel prices are expected to rise to the end of July, in August.

Since the first Wednesday in July, motorists pay between 23 and 26 cents more for a liter of gasoline, while diesel costs between 24 and 26 cents more per liter.

Remember the increase in the price of oil at the end of this month

Read also: Fuel Hike: The price of gasoline will rise tomorrow

The AA statement adds: " Current data suggest an increase of 19 cents per liter "

The association also indicates that if current trends in the rand and fuel prices persist for the remainder of July, the price increase fuel could be lower than forecast, but it can not be excluded the possibility of additional volatility.

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AUTHOR

Nameera Sarjoo

Journalist