The Zimbabwe Energy Regulatory Authority has announced new fuel prices for diesel and blend effective 4 June 2024.
In a public notice released by the ZERA on it’s X, the notice said,
Please be advised of the fuel prices for diesel and blend effective 4 June. The fuel prices are as follows:
ZiG Prices
Diesel 50 (ZiG/ L) 21.4
Blend -E20 (ZiG/L) 21.19
US$ Prices
Diesel 50 (US$/L) 1.61
Blend -E20 (US$/L) 1.59
The prices are for June 2024 based on M-1 and they will be effective up to July 2024.
The public and operators are advised that the blending ratio remains at E20. Operators may sell the petroleum products below the prescribed prices depending on their trading advantages and should display prices in a prominent place a provided for by the fuel pricing regulations.
There is a drop in the price of diesel. This has a positive impact to those using generators to make up for reduced power generation such as manufacturing, general commerce, transportation and consumers.