The Ministry of Trade and Regional Integration announced adjustments to fuel prices, effective January 07, 2025.
The price hike applies to gasoline, kerosene, white diesel, light black diesel, heavy black diesel, and jet fuel prices.
Gasoline, a widely used fuel for private and public transportation, now costs Birr 101.47 per liter, marking an 11.3% increase, or Birr 10.33 more per liter than the previous rate.
Similarly, kerosene and white diesel have both seen a rise of 9.6%, with prices increasing by Birr 8.70 per liter. Jet fuel, now costs Birr 109.56 per liter, an increase of 9.3%, or Birr 9.36 more than before. The prices of light black diesel and heavy black diesel have increased to Birr 108.30 and 105.97, respectively.
Here’s a breakdown of the new retail prices per liter for major fuels:
Fuel Type | Price, per liter(Until October 8) | Adjusted Price, per liter | Percentage Increase |
Gasoline | Birr 91.14 | Birr 101.47 | 11.3% |
White diesel | Birr 90.28 | Birr 98.98 | 9.6% |
Kerosene | Birr 90.28 | Birr 98.98 | 9.6% |
Jet fuel | Birr 100.20 | Birr 109.56 | 9.3% |
Source: Fana BC