11 Jul 2021

Effective July 10, the retail pump prices for petrol and diesel have been adjusted.

A press release from Botswana Energy Regulatory Authority (BERA) states that retail pump price of unleaded petrol 93 was increased by 61 thebe per litre, retail pump price of unleaded petrol 95 was increased by 63 thebe per litre.

In addition, retail pump price of diesel 50ppm was increased by 53 thebe per litre, while retail pump price of illuminating paraffin was  increase by 92 thebe per litre.

The media release states that the increase in local retail prices is necessitated by the general increase of international oil prices, which have been on a constant recovery.

It also says the recovery of prices is largely against the backdrop of the global roll out of coronavirus vaccines and the opening of major economies, which boosts global demand for oil. ENDS