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.
YOUR OPINION ABOUT THIS ARTICLE
RULES AND REGULATIONS
Do not post comments that are defamatory, divisive and blasphemous.If you wish to receive a quick response to your opinion/comments, please provide your email address in the space provided. Your comments will appear after moderation from IGIHE.com.
In case the above regulations are not observed, your comments might not appear or will be deleted. Thank you!