Albeit slowly, the local pump price especially for Petrol has continued downwards now averaging Shs 5200 a litre. It could be a reflection of the general downward trend for international crude oil prices, of course before today’s developments.
Analysts are divided as to the future of the price trend with China Opening up after Covid and the continuing geopolitical events in Europe. We spoke to Tom Ayebare, the economic and financial analysis manager at the Petroleum Authority of Uganda, on the perspective on the oil prices. #NTVNews #NTVTonight #NTVWeekendEdition
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