Rwanda Utilities Regulatory Authority (RURA) yesterday released new fuel prices, indicating a decrease.

The new pump prices are now Rwf1,013 per litre and Rwf1,039 for petrol and diesel, respectively.

The new prices represent a decrease of Rwf119 for each litre of petrol and Rwf109 for diesel going by the prices set at the beginning of November last year.

The new prices will take effect Friday, January 4, according to a statement signed by regulator’s director general, Patrick Nyirishema.

A review is done every two months depending on the fluctuation on global markets.

RURA attributed the latest drop in prices to the cost of petroleum products on the international market.

editorial@newtimes.co.rw