The latest plunge in global oil prices has the exact relationship of the price revision and the taken its hit on the local market. Long lines stations' disappointment, diesel became scarce in a of cars waiting to fill their tanks with the matter of days.
This led to a rather chaotic situation cheaper oil, especially diesel, were unable in Addis Abeba, with most passenger and freight cars to access the commodity. It began with the unable to be deployed to their daily routes. Regulatory first downward revision of oil pump prices in over actions taken by the government, including closing a year by the Ministry of Trade (MoT).
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