Zimbabwe Price Update 5 May 2020

ZERA has issued a price update for the month of May. Although not as large as some may have hoped the decrease in price has been inline with global trends. The Covid-19 pandemic induced a knock on effect of reduced demand for oil around the world. This has seen fuel prices tumbling to their lowest prices in recent years.

Diesel has been reduced to a maximum of ZWL$20.84, a reduction of 68 cents. E5 petrol, meanwhile, has been reduced by 77 cents to a maximum of ZWL$21.00.

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