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Zimbabwe fuel price hike announced

by Staff reporter
07 Sep 2023 at 16:50hrs | Views
The Zimbabwe Energy Regulatory Authority has announced a significant fuel price increase, with the pump price of diesel rising to US$1.76 per litre, up from US$1.65, with effect from 7 September.

Petrol now costs US$1.65, up from US$1.61.

The average Brent crude oil price increased from $79.75 a barrel to $84.78 over the past month due to production cuts by Saudi Arabia.

The increase in fuel and LPG will trigger a further increase in the cost of goods and services in a country experiencing a worsening economic crisis.

Source - Byo24News
More on: #Fuel, #Petrol, #Diesel