Eronda
Senior Member
- Dec 16, 2025
- 167
- 136
Uganda’s petrol prices have climbed to shs. 5250-shs. 5299 per liter from the stable shs. 5080 driven by double global crude costs from Israel-US-Iran tensions.
However, the ministry of energy claims that the fuel prices increase are not justified because much of the fuel on the market today was procured before the escalation of the Middle East conflict.
“We are engaging OMCs(Oil Marketing Companies) that hiked prices prematurely based on the knowledge that these are stocks acquired before the conflict, we however request the public to bring these pumps to our attention, we could have missed them in our monitoring” Patricia Litho, Director Communications, Energy Ministry.
The Uganda National Oil company (UNOC) which plays a crucial role in fuel importation has distanced its self from the ongoing price hikes at the fuel stations.
Tony Otoa, Chief Corporate Affairs Office, UNOC pointed out that pricing is determined by pump stations and not centrally Oil marketing companies.(OMCs). Daily Monitor
However, the ministry of energy claims that the fuel prices increase are not justified because much of the fuel on the market today was procured before the escalation of the Middle East conflict.
“We are engaging OMCs(Oil Marketing Companies) that hiked prices prematurely based on the knowledge that these are stocks acquired before the conflict, we however request the public to bring these pumps to our attention, we could have missed them in our monitoring” Patricia Litho, Director Communications, Energy Ministry.
The Uganda National Oil company (UNOC) which plays a crucial role in fuel importation has distanced its self from the ongoing price hikes at the fuel stations.
Tony Otoa, Chief Corporate Affairs Office, UNOC pointed out that pricing is determined by pump stations and not centrally Oil marketing companies.(OMCs). Daily Monitor
