Fuel Prices Go Up In Latest Review
The Energy Petroleum Regulatory Authority has announced new fuel prices that will see motorists dig deeper into their pockets.
In the newly revised prices, Kerosene has gone up by Sh18.20 per litre while Super Petrol and Diesel prices has risen by Sh3.47 and Sh2.46 respectively.
Nairobi has been for the past two weeks experiencing a shortage of fuel with pundits arguing that dealers were hoarding fuel in anticipation that fuel prices will go up.
In Nairobi, a litre of Super petrol, Diesel and Kerosene will now retail at Sh103.95, Sh94.63 and Sh83.65 respectively.
“The changes in this month’s prices are consequence of the average landed cost of imported Super Petrol increasing by 14.18 per cent from UDS279.58 (Sh30,278.51) per cubic metre in June 2020 to USD319.23 (Sh34,572.60) per cubic metre in July 2020; Diesel increasing by 10.30 per cent from USD302.15(Sh32,722.84) per cubic metre to USD333.27 (Sh36,093.14) per cubic metre and Kerosene increasing by 127.87 per cent from USD126.39 (Sh13,688.03) per cubic metre to USD288.01 (Sh31.191.48) per cubic metre,” the authority announced.
In Mombasa, a litre of petrol will retail at Sh101.57, diesel Sh92.26 and kerosene at Sh81.29.
And in Kisumu, a litre of Super petrol, Diesel and Kerosene will sell at Sh104.62, Sh95.49 and Sh84.54 respectively.
The new prices will take effect from Saturday, August 15 until September 14.