In the latest adjustments, the maximum retail price for gasoline (Premium Motor Spirit) has increased by Frw 59 to retail at Frw 1,633 per litre, up from Frw 1,574. Diesel (Automotive Gas Oil) has risen by Frw 71 to a maximum retail price of Frw 1,647 per litre, up from Frw 1,576.
The new maximum retail prices take effect from 6:00 AM on February 9, 2025, and will remain in place for the next two months.
"These adjustments are primarily based on recent fluctuations in international petroleum product prices," Evariste Rugigana, the Director General of RURA, explained in a statement released on Saturday night.
The revision comes at a time when many economies worldwide are grappling with volatile fuel prices, influenced by global supply and demand dynamics. The ongoing conflict in Ukraine has particularly affected energy supplies from Russia, a major exporter, since the war broke out in February 2022.
Wycliffe Nyamasege
Source : https://en.igihe.com/business/article/rura-announces-increase-in-fuel-prices
