JCTR LusakaBread basket November 2014Press Release 11th December 2014

Fuel Pump Price Reduction Insignificant Says the JCTR

The Jesuit Centre for Theological Reflection has dismissed the recent fuel pump price reductions in the country as being insignificant and too marginal. Whereas the price of crude oil on the international market has dropped significantly around 27 Percent during the last half of the year on account of oversupply originating from international stock build-up from the steady increase in fuel self – sufficiency of the United States as the highest international consumer.

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