[ad_1]
Dar es Salaam – Precautions are emerging regarding the possible increase in transportation costs, with petroleum product prices rising sharply as a result of changes in the global market
L & # The Tanzanian Energy and Water Regulatory Authority (Ewura), which regulates the import of oil, said that local price increases in July are due to consecutive increases in the price of oil. global oil. "We have an executive committee meeting on July 14th and the increase in oil prices is one of our main objectives, we will discuss and come to a common decision on this," he added. . Mr. Mustafa Mwalongo, Information Officer, Tanzania Bus Owners Association (Taboa).
The meeting will also propose new bus fares to reflect the increase in oil prices, spare parts and other "We have not encountered this kind of challenge since the arrival at the power of the fifth phase and so we will chart the best ways to address the issue, "he said by phone.
they will not see any immediate effect on industrial production but fear that transport costs will increase. "Most industries use electricity, natural gas and coal and very few use heating oil, so there is no immediate impact on production, but transport costs will probably also increase on the prices of manufactured goods. " said Akida Mnyenyelwa, Acting Director of Policy and Advocacy at the Confederation of Industries in Tanzania (CTI).
The price of oil reached Monday a barrel of 78.8 dollars a barrel but a US multinational and financial services company Morgan Stanley President Donald Trump asked the Organization of Petroleum Exporting Countries (OPEC) to reduce crude prices "only" a few days after the United States and Saudi Arabia discussed the possibility of a decline in crude prices. "The monopoly of OPEC must remember that gas prices are rising and that they do little to help.In any case, they are driving up prices because the United States defends a lot of their members for very few dollars, it must be a two-way street, reduce the prices now! "writes Mr. Trump in his Twitter account on Wednesday.
OPEC's Iranian governor, Hossein Kazempour Ardebili, said that Trump's tweets in the White House are turning against American allies
. "Your tweets have pushed up the prices of At least 10 dollars a barrel, "said Kazempour in a message broadcast by the Shana information service of the Iranian Oil Ministry, stating:" Stop, otherwise it will go even higher! "
[ad_2]
Source link
