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*ZERA Has Reduced Prices Of Fuel, Both Diesel And Blend* *Follow Pindula on WhatsApp for daily new updates* https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?sg The Zimbabwe Energy Regulatory Authority (ZERA) has reduced diesel and petrol prices in both United States dollars (USD) and in Zimbabwean dollars with effect from 5 November 2023. In a statement published by Pindula News, ZERA said the new prices are as follows: Diesel 50: ZWL$9 971.19/litre Diesel 50: US$1.74/litre Blend – E20: ZWL$8 957.19/litre Blend – E20: US$ 1.56/litre Fuel prices for October were as follows: ---------- Latest itel S24 available on Pindula: 128GB storage, 4GB RAM $119 USD WhatsApp: +263715068543 Calls: 0772464000 Buy Online: https://www.pindula.co.zw/market/itel-s24-128gb-22-20240426142756795795/?s=wanews ---------- Diesel 50: ZWL$10,032.51/litre Diesel 50: US$1.79/litre Blend – E20: ZWL$9,247.71/litre Blend – E20: US$1.65/litre Prices of fuel effective 7 September 2023 were as follows: Diesel 50: ZWL8 160.44/litre Diesel 50: US$1.76/litre Blend – E20: ZWL$7 648.14/litre Blend – E20: US$1.65/litre August prices were as follows: Diesel 50: ZWL7,492.63 Diesel 50: US$1.65, Blend – E20: ZWL7,300.72 Blend – E20: US$1.61 In July, ZERA had released the prices per litre as follows: Diesel 50: ZWL9,200.03 Diesel 50: US$1.58; Blend – E20: ZWL9,113.66 Blend – E20: US$1.57. The prices for November 2023 are based on M-1 which refers to refer to the cost of importing fuel into Zimbabwe. The M-1 price is determined by various factors, including international crude oil prices, transportation costs, port charges, insurance costs, and taxes. The M-1 price is used as a basis for setting the local pump prices of petrol and diesel in Zimbabwe. The M-1 price is subject to change depending on the fluctuations in the global oil market and other factors that affect the cost of importing fuel. ZERA said the price will remain effective until 4 December 2023. ZERA has advised the public and operators that the blending ratio is at E20. Operators are allowed to sell petroleum products below the prescribed prices depending on their trading advantages and should display prices in a prominent place as stipulated by the fuel pricing regulations. Stakeholders are urged to verify the petroleum price releases by ZERA on the official ZERA website, Facebook, or Twitter handle. More Pindula News _If you found this article useful_ *Please support Pindula by forwarding to friends and groups*
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