Global diesel shortage puts pressure on price

Global diesel shortage puts pressure on price

Global diesel shortage puts pressure on price

Tujoromajo Kasuto With oil prices expected to rise in the coming months following the continued ban on Russian crude oil by the European Union, with additional sanctions taking effect on the 5th of December 2022, economists predict that diesel prices are still likely to increase given global shortages. This comes as the Ministry of Mines and Energy today announced that that diesel prices will increase by N$1.98 cents per litre with petrol prices remaining unchanged. The new fuel prices in Walvis Bay will thus become N$ 24.10 per litre for diesel, while petrol remains N$20.08 per litre for petrol. The…
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