By NATION REPORTER THE Energy Regulation Board (ERB) has increased the price of petrol by K1 as a gift for the New Year while diesel and kerosene have been maintained at K32.43 and at K28.67. Petrol will now cost K34.67 from K33.67 ERB Board Chairperson James Banda said since the last fuel price review on November 30, 2024, the international price of petrol increased by 3.52 percent from US$75.67 per barrel to US$78.33 per barrel. Mr Banda said in December, 2024, the Kwacha steadily depreciated against the United States Dollar by 3.08 percent from CLICK HERE TO READ MORE
Petrol price up, to cost K35 in New Year

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