Wahid Business News

Tag: Fuel

Latest articles tagged "Fuel"

Diesel/Gasoline

Fuelstor Launches $160 Million Djibouti Hub for East African Fuel Security

• $160 million Fuelstor Terminal has started construction in Djibouti’s Damerjog corridor.• 400,000 metric tonnes of storage capacity will support petroleum, LPG, edible oil …

May 14, 2026

News - Financial

Fuel Prices Hit Br180.46/Litre as Ethiopia Adjusts Retail Rates Again

• Br180. 46/litre white diesel set as highest retail fuel price in Addis Ababa• Ministry of Trade and Regional Integration updates national fuel retail …

May 04, 2026

Diesel/Gasoline

Ethiopia Restores 9 Million-Liter Daily Diesel Supply

• Daily diesel supply restored to 9 million liters from 4. 5 million liters. • Ministry of Finance Ethiopia announced restoration; Finance Minister Ahmed …

Apr 29, 2026

Analysis

Ethiopia’s Fuel Risk Is No Longer Just About Subsidies

Ethiopia’s fuel story is becoming less about phased domestic price liberalisation and more about external vulnerability. Recent pump-price adjustments have pushed petrol and diesel …

Apr 22, 2026

News - Transport

3 Tankers Deliver 143,000 MT as IMF Warns Horn Still Exposed

Three vessels docked in Djibouti carrying 143,000 metric tons of jet fuel and gasoil. Deliveries included 73,000 metric tons of gasoil and 70,000 metric …

Apr 06, 2026

Diesel/Gasoline

Fuel Prices Surge Past ETB 160/Litre as Global Oil Shock Hits Ethiopia

Ethiopia has implemented a fresh round of fuel price increases in Addis Ababa, with retail rates rising across all major categories as global oil …

Apr 03, 2026

News - Transport

180,000 Tons Stalled as Global Fuel Prices Triple

180,000 metric tons of fuel shipments stalled near Strait of HormuzGlobal fuel prices tripled (≈3x increase) following supply disruptionEthiopia imports nearly 100% of its …

Apr 03, 2026

News - Transport

Ethiopia Raises Petrol Price to ETB 132 per Litre in Latest Fuel Adjustment

Ministry of Trade and Regional Integration raised petrol price to ETB 132. 18 per litre. Diesel price increased to ETB 139. 64 per litre …

Mar 11, 2026

Analysis

Ethiopia’s Trade Squeeze If Hormuz Shuts: Fuel, Freight and Foreign Exchange

A credible threat to close the Strait of Hormuz has moved from long-running risk to near-term market shock. Iran publicly declared the strait closed …

Mar 03, 2026

News - Transport

Petroleum Authority Revises Fuel Market Share Allocation Framework

Ethiopian Petroleum and Energy Authority implemented a revised fuel market share framework. Framework reallocates fuel volumes based on verified sales performance. Companies required to …

Mar 03, 2026

News - Transport

Tigray Fuel Supply Cut Off Since January

Tigray Trade and Export Agency said fuel supply to Tigray has been completely cut off since January. The agency reported no fuel deliveries have …

Feb 27, 2026

News - Transport

Ethiopia Weighs Shift of Fuel Storage to Djibouti’s Damerjog Port Amid Rising Demand

Ethiopia weighing relocation of part of fuel storage operations to Djibouti’s Damerjog Liquid Bulk Port. Evaluation includes storage capacity and tanker handling infrastructure discussions …

Feb 20, 2026

News - Transport

Ethiopia’s State Fuel Importer Registers 208 Billion Birr Loss Amid FX Reforms

Ethiopian Petroleum Supply Enterprise faces 208 billion ETB losses linked to foreign exchange reforms. Government officially classifies fuel subsidies as direct budget spending and …

Feb 04, 2026

News - Transport

Ethiopia to Phase Out Fuel Subsidies by February 2026

Government to phase out fuel subsidies for petrol and diesel by February 2026. Policy aims to raise retail petrol and diesel prices to cost-recovery …

Feb 03, 2026