Fuel prices to remain stable-IES

The Institute of Energy Security (IES) has predicted that the prices of fuel will remain stable.

This was contained in their Review of March Second Pricing-Window and Local Fuel Market Performance.

Per their projections for April 2021 First Pricing-Window, the ISE says the price of fuel on the domestic market at the various pumps will remain the same.

”Due to factors including the 2.05% decrease in price of the International Benchmark- Brent crude, the 2.84% decrease in price of Gasoil, the 1.89% decrease in Gasoline price and the relative stability of the local currency against the US Dollar; the Institute for Energy Security (IES) projects for price of fuel on the domestic market at the various pumps to remain the same as we continue into April 2021.”

Read the full statement below

By: Rainbowradioonline.com