Home Business News Markets Petrol prices go up as Diesel and Kerosene prices drop

Petrol prices go up as Diesel and Kerosene prices drop

The Energy and Petroleum Regulatory Authority (EPRA) has revised fuel prices hiking Petrol and decreasing Diesel and Kerosene prices.

In the latest review, Petrol has increased by Ksh 1.48 as that of Kerosene and Diesel dropped by Ksh 0.5 and Ksh 0.12 respectively.

“Taking into account the weighted average cost of imported refined petroleum products, the changes in the maximum petroleum pump prices in Nairobi are as follows:Super Petrol increases by Kshs.1.48, Diesel & Kerosene decreases by Kshs.0.12 and Kshs.0.50 per litre respectively.” Said EPRA.

Diesel and Kerosene prices dropped due to decrease in the average landing cost from US$ 333.27 per cubic metre to US$ 329.88 per cubic metre and from US$ 288.01 per cubic metre to US$ 282.09 per cubic metre respectively.

“The average landed cost of imported Diesel decreased by 1.02% from US$ 333.27 per cubic metre to US$ 329.88 per cubic metre while for Kerosene decreased by 2.06% from US$ 288.01 per cubic metre to US$ 282.09 per cubic metre.” Said EPRA.

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