ZERA Hikes Fuel Prices: Now US$1.77 Per Litre

Fuel prices in Zimbabwe have increased following the Zimbabwe Energy Regulatory Authority (ZERA) ‘s announcement of new petroleum prices, which took effect on March 4, 2026.

In a notice released by the energy regulator, diesel is now priced at US$1.77 per litre, while petrol blend (E5) is selling at US$1.71 per litre.

In local currency, diesel is pegged at ZWG 45.55 per litre and petrol blend at ZWG 44.01 per litre.

The regulator said the new prices will remain in effect for the next two weeks, while authorities continue to monitor developments in the global fuel market.

ZERA indicated that the latest fuel prices were influenced by changes in international petroleum markets, which have pushed prices upward.

However, the Government reduced some of its charges to cushion consumers from sharper increases.

“The above prices are as a result of the government reducing some of its charges to cushion the consumers from astronomical increases that have happened from changes in the international market,” the regulator said in the statement.

According to ZERA, without the Government’s intervention, the price of diesel would have reached US$1.90 per litre, while petrol blend would have been US$1.81 per litre.

The regulator added that it will continue to closely monitor market developments to ensure there is an adequate fuel supply in the country.

Stakeholders were also advised that official petroleum price updates can be verified through ZERA’s official communication platforms, including its website and social media pages.

Zimbabwe reviews fuel prices regularly, largely in line with international oil price movements and exchange rate developments.

The adjustments often have a ripple effect across the economy, influencing transport costs, food prices, and other goods and services.