THE Energy regulation Board (ERB) has reduced the price of petrol by K3.98, diesel by K1.7, kerosene by K3.14 and Jet A-1 by K3.56 for the month of July, 2024. In a statement, Sunday, ERB Board Chairperson James Banda, attributed the reduction to the Kwacha appreciation against the United States Dollar. “The prices of petroleum products on the international market generally remained steady during the period under review. The relative stability was minimally influenced by increased demand that is typical at the commencement of the summer holidays and peak driving season in major oil consuming economies in the northern hemisphere particularly in the USA, Europe and Asia. Since the last fuel price review on 31st May 2024, the average price...