Ethiopia Adjusts Retail Fuel Prices Amid Market Changes

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Addis Ababa, Ethiopia – January 7, 2025

The Ethiopian Ministry of Trade and Regional Integration has announced an adjustment in the retail prices of petroleum products, effective from January 7, 2025 (Tahsas 29, 2017 Ethiopian Calendar), at midnight (12:00 AM). The revised prices apply to Addis Ababa and will remain in effect for the next one month.

New Fuel Prices Per Liter:

Gasoline (Benzene) – ETB 101.47

Diesel (White Naphtha) – ETB 98.98

Kerosene – ETB 98.98

Aviation Fuel – ETB 109.56

Light Black Diesel – ETB 108.30

Heavy Black Diesel – ETB 105.97

This price adjustment comes amid fluctuations in global fuel markets and the government’s ongoing efforts to regulate fuel pricing in response to economic conditions.

The Ministry has urged fuel distributors and consumers to comply with the updated prices and warned against any attempts at price manipulation or hoarding. The government continues to monitor the fuel supply chain to ensure stability in the market.

This latest revision is expected to impact transportation costs and inflation levels, with businesses and households likely to adjust their budgets accordingly.

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