ERB maintains petrol costs, hikes diesel by K1.21 – The Zambian Observer

ERB maintains petrol costs, hikes diesel by K1.21 – The Zambian Observer

ERB maintains petrol costs

During the month of October 2024, the notable relative stability in costs of oil on the worldwide market and the alternate fee has resulted in minimal affect on costs of some petroleum merchandise on the home market.

Based on the foregoing, the Energy Regulation Board (ERB) has revised the pump worth of diesel upward by K1.21/Litre from K28.90/Litre to K30.I I/Litre.

On the opposite hand, the costs of petrol, kerosene and jet A-1 haven’t been adjusted as a result of the resultant adjustments in wholesale costs have been under the set off band threshold of two.50%.

Therefore, the costs of petrol, kerosene and jet A-I’ve been maintained at K32.70/Litre, K26.95/Litre and K29.57/Litre, respectively.

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