Fuel prices have reduced in the latest Energy and Petroleum Regulatory Authority (EPRA) review. The drop in prices is a relief to households and motorists alike, considering it’s a rare review when both Petrol, Diesel and Kerosene prices have dropped at once. Super Petrol, Diesel and Kerosene prices have reduced by Kshs 2 per litre, Kshs 2.80 per litre and Kshs 7.23 per litre.
According to the EPRA, the changes in this month’s prices are as a result of average landed cost of imported Super Petrol decreasing by 3.44% from US$ 489.44 per cubic metre in January 2020 to US$ 472.59 per cubic metre in February, Diesel decreasing by 5.27% from US$ 506.92 per cubic metre to US$ 480.21 per cubic metre, and Kerosene decreasing by 14.96% from US$ 495.32 per cubic metre US$ 421.24 per cubic metre.
In Nairobi, Super Petrol will retail at Kshs 110.87 per litre, Diesel at Kshs 101.65 per litre and Kerosene will retail at Kshs 95.46 per litre. The prices are effective from 15th March to 14th April 2020.