Fuel Prices Hiked: Petrol Now Costs US$2.23/Litre, Diesel Now at US$2.11/Litre
Fuel Prices Hiked: Petrol Now Costs US$2.23/Litre, Diesel Now at US$2.11/Litre – The Zimbabwe Energy Regulatory Authority (ZERA) has announced new fuel prices effective 2 April 2026, citing increasing global cost pressures and the need to maintain stable supplies across the country.
According to the latest pricing structure, diesel (50) will retail at US$2.11 per litre or ZWG 53.60 per litre, while petrol blend (E5) is now priced at US$2.23 per litre or ZWG 56.70 per litre.
In a statement, ZERA said the Government continues to ensure adequate fuel supplies, with more than three months’ worth of petroleum products currently available within the supply chain, from Beira to inland storage facilities.
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“Government is working closely with oil traders to secure alternative supply routes that are not affected by the current conflict in the Middle East,” the authority said.
ZERA noted that the increase in diesel prices follows a significant rise in global Free On Board (FOB) prices, which have gone up by 33.16%, while petrol prices rose by 5.96% since the last review. To cushion key sectors such as mining, agriculture, transport and haulage, Government has removed all taxes and levies on diesel.
“Without Government intervention, the price of diesel would have reached approximately US$2.65 per litre,” ZERA added.
The authority also revealed that fuel prices will now be reviewed every two weeks to prevent shortages and curb arbitrage in the market.
Meanwhile, petrol prices are expected to decrease in the next review period as ethanol production resumes. The increase in the blending ratio to E20 is projected to reduce petrol costs by approximately 18 US cents per litre.
Government has also approved the importation of diesel by road, in addition to pipeline and rail, in a move aimed at widening supply channels and improving availability, particularly in remote areas.
ZERA reaffirmed its commitment to ensuring sustainable energy supply while maintaining price stability in the face of global market fluctuations.
