After three weeks of plummeting fuel prices, the cost of petrol and diesel in Uganda is once again on the rise.
Several Shell, Total and Caltex petrol stations have increased their petrol prices by 100 shillings from 1,850 to 1,950. However smaller petrol stations like Gapco, Mogas, Petro and Fuelex have retained their petrol prices to just below 1,900 shillings.
Diesel is up from 1,660 shillings to 1,690 shillings. Interestingly the price of kerosene has continued to drop.
The Chief Executive Officer of Shell Uganda, Ivan Kyayonka, says his company's prices have been affected by the high costs of transporting petroleum products from the port of Mombasa. Unwilling to commit himself to any predictions on future oil prices, he notes that several uncontrollable external factors like international oil prices and the exchange rate are the major causes for the fluctuations.
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Eunice Kasande, Marketing Officer at Caltex Uganda refused to comment on the price fluctuations when approached. She said the company's chairperson, Alain Young, who is not in the country at the moment, is the only official authorized to comment on the matter.