Home Business News Markets Petrol, diesel and kerosene prices go up in latest review

Petrol, diesel and kerosene prices go up in latest review

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Kenyans will have to dig deeper into their pockets following the increase of petroleum products as confirmed by Energy and Petroleum Regulatory Authority (EPRA).

“In accordance with Section 101(y) of the Petroleum Act 2019, Legal Notice No. 196 of 2010 and Legal Notice No. 26 of 2012, EPRA has calculated the maximum wholesale and retail prices of petroleum products which will be in force from 15th July 2020 to 14th August 2020.”

In the latest review petrol, diesel and kerosene prices have increased by Ksh 11.38, Ksh 17.30 and Ksh 2.98 per litre respectively.

The changes have been attributed to the weighted average cost forcing the same at the petrol station pumps.

“Taking into account the weighted average cost of imported refined petroleum products, the changes in the maximum allowed petroleum pump prices in Nairobi are as follows:Petrol, Diesel and Kerosene increase by KShs11.38 per litre, KShs17.30 and KShs2.98 per litre respectively.

Super Petrol, Diesel and Kerosene will now retail at Kshs.100.48, Kshs. 91.87 and Kshs.65.45 respectively in Nairobi starting midnight” Said EPRA.

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