Ethiopia: Fuel Price Increased Yet Again

Ministry of Trade has once again increased the retail price for fuel in Ethiopia. The new price has been made effective since today Friday, March 10, 2017.

The price for a liter of benzene is now 18.77 Birr while a liter of diesel will cost 16.35 Birr. On the other hand, a liter of kerosene, light black diesel and hard black diesel will be sold for 16.35 Birr, 14.01 Birr and 13.37 Birr respectively. 1 liter of airplane fuel is going to be sold for 16.07 Birr.

According to a statement by the Ministry, the price adjustment was made following the price increase noticed in the past 4 months in the international oil price.

The newly adjusted prices are expected to last until April 8, 2017.

Source: Fana Broadcasting Corporation