THE Energy Regulation Board (ERB) says fuel prices have been increased to ensure that there is security of supply. ERB Director Economic Regulations Alfred Mwila says the country has enough fuel stock that it can run on comfortably for a month. Meanwhile, Mwila says the private sector might not have the muscle to stock fuel to ensure quarterly review of fuel prices. On Tuesday, ERB revised the pump prices of petrol, diesel, kerosene and jet A-1 upwards to K27.15, K29.78, K32.26 and K34.74, respectively, attributing the upward adjustment to the increased international prices which have been heightened by the geopolitical crisis in the Middle East. Speaking on Diamond TV, Wednesday morning, Mwila said oil on the global market had become...
