Tuesday , March 19 2024
Home / Tag Archives: diesel

Tag Archives: diesel

Why some fuel dealers prioritize petrol not diesel

Kampala, Uganda | THE INDEPENDENT | Experts in the petroleum sector have revealed that the current inconsistencies in pump fuel prices are a preserve of individual dealers depending on their in-house issues. Currently, a few dealers like Shell and Total Energies, are still pricing their diesel higher than petrol, a trend that …

Read More »

Petroleum companies’ losses in 2022 were staggering: URA

Kampala, Uganda | THE INDEPENDENT | The petroleum marketing industry in Uganda experienced mixed fortunes over the last six months as the importation of diesel (AGO) significantly fell below that of petrol (PMS) as uncertainties in the economy continued. According to records at the Ministry of Energy and Mineral Development, and …

Read More »

Brazilian president unveils deal to import Russian diesel

Sao Paulo, Brazil | Xinhua | Brazilian President Jair Bolsonaro on Monday announced his government has reached a deal to begin importing diesel fuel from Russia as part of measures to lower fuel prices at home. “It is settled. In 60 days diesel can start to arrive in Brazil from Russia,” …

Read More »

Fall in fuel prices not in sight: Experts

Kampala, Uganda | THE INDEPENDENT | Fuel prices in Kampala and beyond have continued to skyrocket, but more sharply over the last two months. A litre of fuel currently stands between 5,550 and 5,700 shillings, while the price of diesel at some stations is the same as petrol. Over the months, …

Read More »

Fuel dealers raise prices to control demand

Kampala, Uganda | THE INDEPENDENT | The recent spiraling in fuel prices in Uganda has been attributed to the need to ration the available fuel stocks rather than profiteering. Fuel prices have been rising sharply since late last year but since the beginning of this month, they have risen more sharply …

Read More »

Minister urges Ugandans to brace as fuel prices spike

Kampala, Uganda | THE INDEPENDENT | Ruth Nankbirwa, the Energy and Minerals Minister says Ugandans should tighten their belts because the government cannot intervene to lower fuel prices. The pump prices for petrol rose as high as 4,250 shillings by Wednesday, from about 4,190 shillings per litre. Generally, the prices have …

Read More »

Petrol, diesel prices soar to record high across Kampala

Kampala, Uganda | THE INDEPENDENT | Fuel prices in Kampala have hit a new high, with a litre of petrol going for as high as 4,450 Shillings while diesel was quoted at 3,999 Shillings at some stations on Monday. This is an increase by an average of 300 Shillings over the …

Read More »

Gov’t introduces 100 shillings tax on fuel

Kampala, Uganda | THE INDEPENDENT | Government has abandoned the proposal to impose a 200,000 shillings license on vehicles and instead introduced a 100 shillings tax per litre of fuel to raise revenue. This was revealed by Finance Minister in charge of planning David Bahati who was appearing before the finance committee …

Read More »