ZERA Reduces Fuel Prices Slightly, Prices Starting 4 November 2019
ZERA has slightly reduced the price of fuel again, they have done this only once before. Starting tomorrow, petrol will be selling for $16.66 instead of the current $16.75 ZWL. Diesel, on the other hand, will be selling at $17.43 instead of the current $17.47 ZWL.
| Diesel ZWL/Litre | Petrol (E20) ZWL/Litre | |
|---|---|---|
| FOB | 0.5830 | 0.5288 |
| Exchange Rate | 15.7049 | 15.7049 |
| Duty (ZIMRA Exchange Rate-15.7049) | 4.1580 | 4.2947 |
| Oil Company Margin | 0.9220 | 0.8812 |
| Dealer Margin | 1.1402 | 1.08998 |
| Maximum Pump Price | 17.43 | 16.66 |
The decrease can be attributed to a slight fall int he FOB price of fuel.
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