Zim Now Writer
The Zimbabwe Energy Regulatory Authority, with effect from yesterday, adjusted upwards the price of petrol by three cents to US$1.53 per litre from US$1.50 while Liquid Petroleum Gas is now retailing at US$1.91 from US$1.83 per kilogramme.
On the other hand, the price of diesel went down by two cents to US$1.63 per litre from the previous price of US$1.65.
“The public and operators are advised that the blending ratio remains at E5. Operators may sell the petroleum products below the prescribed prices depending on their trading advantages and should display prices in a prominent place as provided for by the fuel pricing regulations,” said Zera in a statement.
In the case of LPG, Zera said operators are advised to display the prices, in clearly legible letters in a prominent place at their retail outlets.
“Please note that it is permissible to sell LPG at prices below the prescribed prices, depending on one’s trading advantages,” said Zera.
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