EPRA Reduces Petrol, Diesel Prices by Sh 5
The Energy and Petroleum Regulatory Authority (EPRA) has reduced super petrol and diesel prices by Kes 5 and kerosene by Kes 4.82.
A liter of petrol in Nairobi will now cost Kes 207.36, diesel Kes 196.47, and kerosene Kes 194.23.
According to a statement by EPRA, fuel prices slumped after the average landed cost of imported super petrol, diesel, and kerosene fell by 2.4 percent, 9.06 percent, and 4.33 percent per cubic meter in December from November last year, respectively.
“The average landed cost of imported super petrol decreased by 2.40% from US$694.44 per cubic metre in November 2023 to US$677.78 per cubic metre in December 2023; diesel decreased by 9.06% from US$826.01 per cubic metre to US$751.15 per cubic metre while kerosene decreased by 4.33% from US$759.93 per cubic metre to US$727.00 per cubic metre,” EPRA said.
“In the period under review, the maximum allowed petroleum pump price for Super Petrol, Diesel and Kerosene decrease by Kshs.5.00, Kshs.5.00 and KShs.4.82 per litre respectively,” the statement added.