THE Energy Regulation Board (ERB) has reduced the price of petrol to K28 from K31.36 and diesel to K23.13 from K25.12. ERB has also reduced the price of kerosene to K21.98 from K24.79 and Jet A-1 to K23.94 from K27.08. In a statement, Monday, ERB Board Chairperson James Banda announced the reduction of fuel prices despite increased cost on the international market. He further stated that the TAZAMA Open Access Framework had yielded positive results since its implementation in April. “Since the last fuel price review on 31st May 2025, the international price of Petrol increased by 5.70 per cent, from US$71.63/bbl to US$75.71/bbl. Diesel increased by 6.30 per cent from US$76.55/bbl to US$81.37/bbl while the price of Kerosene/Jet A-1...