SEE: Fuel focus - World's cheapest petrol price

Oil-producing countries benefit from the some of the cheapest fuel prices in the world.

Venezuela tops the list as the lowest price for petrol in the world at $0.01 (R0.14) per litre, compare to South African motorists currently paying R16.48 per litre.

READ: Here's what our neighbouring African countries are paying for fuel

The average price of fuel around the world is $1.14 or R16.27 per litre.