The Ministry of Trade and Regional Integration announced adjustments to fuel prices, effective July 10, 2024. According to the Ministry, this decision comes in response to rising global oil prices.
The price hike applies to gasoline, kerosene, white diesel, light black diesel, and heavy black diesel. Jet fuel prices remain unchanged. Here’s a breakdown of the new retail prices per liter:
| Fuel Type | Price, per liter (May) | Adjusted Price, per liter |
| Gasoline | Birr 78.67 | Birr 82.60 |
| White Diesel | Birr 79.75 | Birr 83.74 |
| Kerosene | Birr 79.75 | Birr 83.74 |
| Jet fuel | Birr 70.83 | Birr 70.83 |
| Light black diesel | Birr 62.36 | Birr 65.48 |
| Heavy black diesel | Birr 61.16 | Birr 64.22 |
