Energy Expert Leonard Sepe has projected an upward fuel pump price adjustment in the month of November owing to the negative international factors that have affected local demand.
Oil prices dipped early this week with crude selling at 75 dollars per barrel after industry data showed United States crude inventories increased more than expected, though declines were capped as the market watched diplomatic efforts in the middle east after Israel continued attacks on Gaza and Lebanon.
In an interview with Phoenix News, Mr Sepe says the diplomatic tension in the middle east includes the changes of trade policies in Zimbabwe which will negatively affect fuel prices in the country.
However, Mr Sepe is advising the government to use this as an opportunity to strengthen bilateral relations with other countries and look for amicable solutions that can create favorable prices for local consumers.
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