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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
https://www.wheels24.co.za/Fuel_Focus/see-fuel-focus-worlds-cheapest-petrol-price-20190513