Online Reporter
Ivan Zhakata
Motorists and businesses are set to benefit from lower fuel costs after the Zimbabwe Energy Regulatory Authority (ZERA) reduced the prices of diesel and blended petrol by US$0.10 per litre with effect from yesterday.
Under the latest review, diesel now costs US$1.99 per litre, down from US$2.09, while blended petrol (E20) has been reduced from US$2.08 to US$1.98 per litre.
In local currency, diesel will retail at a maximum price of ZWG53.26 per litre, while Blend E20 will sell at ZWG53.00 per litre.
In a statement, ZERA said the review will be effective for a period of two weeks.
“The petroleum prices are effective from 19 June, 2026, for a period of two weeks. Government interventions continue to cushion consumers from the impact of global geopolitical developments,” reads the statement.
The latest reduction is expected to bring relief to consumers and industry as fuel is a key input in transportation, mining, manufacturing and agriculture.
ZERA said the blending ratio for petrol remains at E20 and urged operators to comply with fuel pricing regulations.
The authority said fuel operators are permitted to sell petroleum products below the prescribed prices, depending on their trading advantages.
“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,” reads the statement.
The regulator also urged stakeholders to verify fuel price announcements through its official communication channels, including its website and social media platforms.
Zimbabwe reviews fuel prices regularly in line with movements on international oil markets and other cost considerations affecting the petroleum sector.
The latest reduction comes as Government continues to implement measures aimed at stabilising prices and cushioning consumers from external economic shocks.
