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Energy Regulatory Commission price cuts handing oil cartels huge profits

Last week, the Energy Regulatory Commission (ERC) cut fuel prices by about 3 per cent.

In the new changes, kerosene, super petrol and diesel decreased by Sh4.94, Sh4.79 and Sh3.67 respectively. In Nairobi, Super petrol is retailing at Sh102.01, diesel Sh90.85 and kerosene Sh71.37.

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