Dennis Ndlovu I Zim GBC News
The Zimbabwe Energy Regulatory Authority (ZERA) said the maximum pump price for Diesel 50 has been set at ZWG 38.84 per litre, or US$1.52.
The price of Blend E5 petrol has been capped at ZWG 40.04 per litre, equivalent to US$1.56.
ZERA said the prices were determined in line with the M-1 pricing formula, which is used to calculate fuel costs in Zimbabwe.
The regulator also confirmed that the current blending ratio remains at E5.
Under Zimbabwe’s fuel pricing regulations, service stations are allowed to sell fuel below the prescribed maximum prices, depending on their trading advantages.
However, operators are required to display their pump prices prominently.
ZERA urged both the public and fuel retailers to verify petroleum price updates through its official communication channels, including its website and social media platforms.
Fuel prices in Zimbabwe are reviewed periodically, with adjustments often reflecting movements in global oil markets and exchange rate considerations.
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