The Zimbabwe Energy Regulatory Authority (ZERA) has announced that fuel has been reduced due to “oil price patterns on the international market”.
Diesel goes down from US$1.68 to US$1.60 per litre and petrol is now US$1.59 per litre from US$1.67 set last week. Zera says this will be for the week 21 March to 27 March 2022.
ZERA recently revised fuel prices twice in a space of five days and according to them, the price hike was because of fluctuating prices of oil on the international market caused by the Russia-Ukraine war