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BREAKING: Fuel Prices Up Again To $9.06

4 years agoSat, 03 Aug 2019 15:42:30 GMT
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BREAKING: Fuel Prices Up Again To $9.06

The price of fuel has gone up again. This maximum pump price of petrol is now $9.01 and that of diesel is now $9.06. The fuel price has effectively increased twice in the same week with the last increase having been announced on 30 July.

Zimbabwe Energy Regulatory Authority announced the new increase on Twitter.

Before this increase, the price of petrol was Petrol $7.55 and diesel was priced at $7.22. That last price was intro

Said the announcement:

Please be advised that the new fuel prices effective Saturday, 03 August 2019 are as follows:

Latest Tecno Pop 8 - now available in Pindula.

$94, Cash on Delivery in Harare & Bulawayo.

WhatsApp: 0783 450 793

Diesel (ZWL/Litre)Blend E20 (ZWL/Litre)
FOB0.60520.5888
Exchange Rate7.50007.5000
Duty (ZIMRA Exchange Rate - 9.0938)2.48832.7323
Oil Company Margin0.47960.4767
Dealer Margin0.59300.5895
Maximum Pump Price9.069.01

The changes in the fuel prices are due to the FOB price movements and the revised duty regime (SI 161 of 2019).

Operators may, however, sell at prices below the cap depending on their trading advantages.

 

 

 

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