The Zimbabwe Energy Regulatory Authority (ZERA) has reviewed the prices of diesel and blend for the week beginning 18 July.
In a statement, ZERA confirmed the reduction of diesel and blend prices in both Zimbabwe and United States dollars.
ZERA said diesel now costs ZWL$714.45 down from ZWL$714.91 per litre whilst Petrol (Blend – E15) now costs ZWL$675.35 down from ZWL$677.32 per litre.
Diesel and Blend prices, in that order, were reduced from $1.86 and $1.76 per litre to $1.80 and 1.70.
ZERA fuel price reduction comes barely a week after the commodity has been going up following the country’s economic instability, which economists say is being exacerbated by Russia and Ukraine’s war.
