SEE: Here are the cheapest fuel prices in the world, take a look how SA fares

"Mid-month unaudited data from the Central Energy Fund (CEF) is predicting the biggest fuel price hike in South Africa's history by some margin," reports the Automobile Association.

Based on the AA current data, petrol users could expect to pay R1.12 more per litre, well more than R17-litre.

As South African motorists brace for record fuel price increases, we take a look at the petrol prices in oil-producing countries.

Embattled Venezuela still tops the list for the lowest fuel price at $0.01 for a litre of petrol, reports Globalpetrolprice.com

Despite Venezuelan President Nicolas Maduro stating that his country's fuel price would be increased in-line with world market prices, Venezuelan motorists are still enjoying the cheapest fuel in the world.