Short-lived relief as fuel prices drop

>Local consumers will pay Sh187 less on every litre of petrol they purchase as the regulator cuts the charges in response to declining global prices. In a move that should trigger a drop in prices--or at least demand for cuts in charges for products and services linked with petroleum as fuel--the Energy and Water Regulatory Authority (Ewura) capped the price for petrol at Sh1,768 per litre in Dar es Salaam.

Local consumers will pay Sh116 less on every litre of petrol they purchase in Dar es Salaam as the regulator cuts the charges further in response to declining global prices.

> The Energy and Water Utilities Regulatory Authority (Ewura) yesterday announced a significant reduction in fuel prices.

Oil prices have decreased. The fall follows changes in the world market.It has been difficult for petrol users in the last three months as its price escalated.

 Motorists will have to pay more this month following an increase in fuel prices.

>In normal circumstances, the price of fuel would have fallen in the past few years in response to trends on the world market. That has not been the case, though.

>The Surface and Marine Transport Regulatory Authority (Sumatra) plans to review bus fares in the wake of the sharp drop in fuel prices in recent months.

This year has started with relief to fuel consumers as the regulator announced lower prices for petrol, diesel and kerosene through January.

Even though there hasn’t been a public uproar over fuel prices in the country recently, statistics gathered by The Citizen on Saturday from the Energy and Water Utilities Regulatory Authority (Ewura) reveal a steady pump price increase over the past one year.