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Fuel prices continue to fall in Zimbabwe

by Staff reporter
18 Aug 2022 at 06:41hrs | Views
FUEL prices continue to drop giving relief to motorists as the Government continues to cushion the public against global political shocks.

Zimbabwe Energy Regulatory Authority fZERA) yesterday announced a further drop in the price of petrol by US$0.03 while the price of diesel remains unchanged.

Petrol now costs USS1.57 per litre down from US$1.60 while the price of diesel remains at US$1.74.
Early this month, the price of petrol was reduced from USS1.61 to US$1.60 per litre for petrol while diesel was reduced to USS1.74 down from US$1.76 per litre.

There is now an option to sell fuel using the local currency with petrol costing $769.35 per litre and diesel $851.14 per litre.

In a statement, ZERA advised the public and operators that the blending ratio remains of petrol remained the same.

"Operators may sell the petroleum products below the prescribed prices depending on their trading advantages and should display prices in a prominent place as provided for by the fuel pricing regulations."

Source - The Herald