The Zimbabwe Energy Regulatory Authority (ZERA) has reduced the prices of diesel and petrol for the week 21 to 27 March 2022.
Diesel now costs US$1.60 and ZWL$213.90 per litre while the price of petrol has been reduced to US$1.59 and ZWL$213.49 per litre.
Before the price adjustment, the price of diesel was US$1.68 and ZWL$218.01 per litre while the price of petrol was US$1.67 and ZWL$216.78 per litre. ZERA said in a public notice:
Prices have been set in accordance with oil price patterns on the international market, which the Authority is continuously monitoring.
The public and operators are advised that the blending ratio remains at E0.
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.