Fuel prices on the Mozambican market may suffer a downward revision due to the fall in the price of a barrel of crude oil at international level and the appreciation of the US dollar, the Energy Regulatory Authority (Arene) said today. Other factors such as estimates of increased oil production by the Organization of Petroleum Exporting...
Tag: fuel prices
Post
ARENE resorts to dubious elements to fix fuel prices - CIP
A brief analysis by the Center for Public Integrity (CIP) on fuel prices in force in the country shows doubts about the "elements" that the Energy Regulatory Authority (ARENE) considers for its fixing. For example, CIP questions the fact that diesel arrives to the national territory at the price of 54.01 meticais per...
Post
South Africa on strike against new fuel prices
Carriers of people and goods in South Africa last night began a hitherto peaceful protest against the new fuel price adjustment that took effect today, after it was announced on Tuesday by the country's Department of Mineral Resources and Energy (DMRE). "Things have really intensified...
Post
South African government eases sharp rise in fuel prices
South African government eases sharp rise in fuel prices by introducing a tax that protects consumers, says a report piece shown by Mozambique Television. According to the source, if the measure were not adopted, gasoline, for example, would cost, as of this Wednesday, slightly more than one hundred meticais a liter....
Post
CTA proposes measures to curb fuel price hikes
The Confederation of Economic Associations of Mozambique (CTA) proposes as a temporary measure the installation of fuel depots at public passenger transport terminals so that private operators can fill up as a group and thus benefit from more affordable prices. The president of CTA, Agostinho Vuma, believes that the measure may allow the...
Post
Fuel prices may already go up in February, says AMEPETROL
The Mozambican Association of Oil Companies (AMEPETROL) warned on Tuesday about the possible rise in fuel prices in Mozambique, starting in February, as national reserves will only allow for maintaining stable supplies until that period. The association justifies the measure with the rise in the price of oil in...
Post
US asks China, Japan and India to open up oil reserves
The United States of America (US) has asked most oil-consuming countries to release their reserves in order to reduce high energy prices, as well as rising prices for fuel and other consumer products. This request by the US president, Joe Biden, translates the frustration of the US...
Post
Adriano Maleiane says there are traders who increase prices by claiming fuel price increases
The Minister of Economy and Finance, Adriano Maleiane, said this Thursday in parliament that there are opportunistic and dishonest traders that increase the price of basic products, claiming the rise in fuel prices. Maleiane assured that the government is paying attention to these traders and will take measures to regulate the internal trade, assuring that there will be...