Drivers Face Soaring Fuel Costs as Prices Spike at the Pump

The Energy and Water Utilities Regulatory Authority (EWURA) has announced an increase in the price caps for petroleum products in the country, effective Wednesday, March 6, 2024.

For the month of March 2024, the retail prices of fuel (per litre) in the Dar es Salaam region are set at:

⛽Petrol: Sh3,163 (From Sh3051 in Feb)
⛽Diesel: Sh3,126 (From Sh3029 in Feb)
➡️ Kerosene: Sh2,840 (From Sh2840 in Feb)

EWURA stated that the changes in fuel prices are attributed to an increase in the prices of refined oil in the global market (FOB) by an average of 4.5% for petrol and 1.99% for diesel, as well as rising import costs (premiums) at the Dar es Salaam Port by an average of 15.38% for petrol and 40.41% for diesel, and at the Mtwara Port by an average of 7.61% for both petrol and diesel.

EWURA also mentioned that the changes in fuel prices are influenced by the increased use of the euro in paying for imported oil.

Source:EWURA