Local fuel prices have continued to increase by K35 to K40 per liter in three days as global oil prices reach around US$62 per barrel, according to local filling stations.

Global oil price jumped to US$76 per barrel on October 3, 2018. Then the price was down to around US$42 on December 24. This year, the price increased again to US$54 on January 21, US$52 on January 29, US$60 on March 20, US$64 on April 16, and US$66 on April 23. The prices decreased to US$51 on June 12 and increased to US$60 on July 10. Then, the price decreased to US$53 on September 3 and increased to around US$60 on September 16. 

Local fuel prices increased by K160 to K255 per litre in nearly six months from January to May this year accounting for 18 percent to 36 percent. Then the prices were down 11 percent to 14 percent from May 30 to June 21. From June 21 to July 19, the prices increased again by 11 percent to 14 percent. The prices decreased by 3 percent to 5 percent from July 19 to August 10. As from August 15, local fuel prices increased a little.