Petrol, Diesel and Kerosene Prices Rise by Ksh9.90

Petrol

Fuel prices have gone up in the monthly review by the Energy Petroleum Regulatory Authority with the costs of petrol, diesel and kerosene increasing by Sh9.9.

Following the increment, a litre of petrol in Nairobi will retail at Sh144.62 a litre up from Sh134.72, diesel at Sh125.5 up from Sh115.6 while kerosene has also shot up to Sh113.55 per litre.

The new prices will take effect at midnight.

EPRA Managing Director Daniel Kiptoo attributed the rise in fuel costs to increased landed costs of all three products with the landed cost of petrol, diesel and kerosene increasing by 20.5%, 24.7% and 11.8% respectively.

Also Read: Fuel crisis to end in 72 hours-CS Juma

Kiptoo noted that the new prices have been subsidised to cushion Kenyans amid the fuel crisis in the world that has seen the cost of fuel rise exponentially due to the Ukraine war.

The fuel subsidy, he said, spared Kenyans from greater fuel costs without which petrol costs were expected to hit Ksh.173.70.

Without the subsidy the cost of super petrol, diesel and kerosene would rise by Ksh29.08, 40.24 and Ksh46.55 respectively.

Last month, super petrol retailed at Ksh134.72 per litre, diesel at Ksh115.60 and Kerosene at Ksh103.54 in Nairobi.

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