Addis Ababa, Mar 12 – Ethiopia has raised prices for gasoline, diesel, and kerosene as global oil costs climb and supply disruptions from the Middle East push markets higher.
The Ministry of Trade and Regional Integration said the new tariffs, effective 10 March, reflect both international market trends and the government’s policy priorities. Gasoline now retails at 132.18 birr per litre, including a 3.06 birr surcharge, while diesel has risen to 139.84 birr, up 10.72 birr from its previous price of 129.12 birr.
Kerosene increased by 17.02 birr, reaching 146.14 birr per litre. Other products, including light and heavy black diesel and aviation fuel, were adjusted to 137.03 birr, 133.45 birr, and 145.23 birr per litre, respectively.
Speaking at a press conference on Wednesday, Finance Minister Ahmed Shide said the government has mobilised additional foreign currency and cash to ensure steady fuel supply and shield consumers from abrupt shortages.
“We are making measured adjustments to keep domestic supply stable and maintain affordability as much as possible,” he told reporters.
He added that while gasoline trades at 205 birr per litre on international markets, the government supplies it domestically at 132 birr per litre, reflecting a significant subsidy that absorbs much of the global price shock. “This adjustment is substantial relative to current market conditions, but it remains below the full cost to maintain affordability,” he said.
The ministry said the pricing changes will be implemented across all fuel stations under strict monitoring, signalling the government’s intent to balance market realities with consumer needs.
The changes are already being felt in Addis Ababa. Residents report that transport service providers have adjusted fares in response to higher fuel costs, signalling the ripple effect of the tariff increase on daily life. Officials said fuel prices will continue to be reviewed regularly in line with global trends and domestic fiscal objectives.
