Addis Ababa, March 23, 2025 — The Ministry of Trade and Regional Integration has revised fuel prices across the country, effective March 21, 2025 (Megabit 12, 2017 E.C.), citing global oil market volatility and the need to stabilize local fuel supply chains. The adjustments reflect Ethiopia’s continued efforts to reconcile international energy costs with domestic economic priorities as fuel remains one of the country’s largest import expenses.
According to the Ministry’s official announcement, the new prices are as follows:
- Benzene (Petrol): 112.67 ETB/liter
- Diesel: 107.93 ETB/liter
- Kerosene: 107.93 ETB/liter
- Light Black Diesel Oil: 109.22 ETB/liter
- Heavy Black Diesel Oil: 106.75 ETB/liter
- Jet Fuel: 109.20 ETB/liter
This revision follows the mandate of Proclamation No. 14/2017, Article 12, which allows the government to set and regulate petroleum product prices in line with international market shifts.
A Balancing Act: Inflation, Subsidies, and Supply Security
The move comes as the government walks a tightrope between inflationary pressures and the rising cost of fuel imports. Global crude oil prices have experienced renewed volatility due to geopolitical tensions, OPEC+ production cuts, and supply chain disruptions, all of which impact Ethiopia’s fuel import bill.
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