Daily Archives: September 17, 2019

No immediate fuel price hike in view of rise in crude- ERB

The Energy Regulation Board (ERB) says the increase in global prices of crude following a drone attack on major Saudi Arabia’s oil facilities will not have an immediate effect on local fuel pump prices. The incident has cut global oil supplies by 5%. ERB Chief Executive Officer Langiwe Lungu has explained that the Country has not procured any crude following ...

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