Pump prices drop by Sh1 in latest Epra review

Business
By Esther Dianah | May 15, 2024
Pump prices for Super petrol, diesel and Kerosene reduced by Sh1, Sh1.20 and Sh1.30. [Boniface Okendo, Standard]

Pump prices for petroleum products posted a slight decrease in prices in the latest review by the Energy and Petroleum Regulatory Authority (EPRA).

The pump price for Super petrol, diesel and Kerosene reduced by Sh1, Sh1.20 and Sh1.30 in the latest review that takes effect from 15th May 2024 to 14th June 2024.

In Nairobi, super petrol to retail at Sh192.84 per litre while diesel will retail at Sh179.18 per litre. Kerosene will retail at Sh168.76 per litre.

In Mombasa, the super petrol will retail at Sh189.66 per litre, diesel at Sh176.01 per litre and Kerosene at Sh165.69 per litre.

In Kisumu, super petrol will retail at Sh192.66 per litre, diesel at Sh179.39 per litre and kerosene at Sh169.01 per litre.

The drop in pump prices comes at the back of a weak shilling against the dollar. The global prices of diesel, super petrol and Kerosene increased in the global market.

In the latest review, EPRA has said that the average landed cost of imported super petrol increased by 3.82 per cent, diesel decreased by 0.46 per cent and Kerosene increased by 0.50 per cent.

In April, the cost of diesel reduced by a big margin of Sh10, and retailed at Sh180.38 a litre in Nairobi.

Share this story
SMEs urged to embrace green energy
Small and Medium Enterprises (SMEs) have been urged to adopt green energy solutions to reduce their production costs.
Regional units now grow into Kenyan banks' new golden goose
Kenyan banks are posting record half-year profits, but the engine of growth is increasingly located beyond the country's borders as a slowing domestic economy burden kenyans at home.
How delayed standards harmonisation threatens Africa's trade ambitions
Delays in adopting and implementing harmonised standards are slowing intra-African trade by forcing businesses to undergo repeated testing and certification.
State denies harassment claims of small LPG traders
Energy CS Opiyo Wandayi has dismissed claims by some opposition leaders of a deliberate government campaign to frustrate small-scale liquefied petroleum gas (LPG) traders.
Kenya calls for united African front against costly debt
Kenya has called on African nations to unite and negotiate as one bloc, arguing the continent pays $75 billion (Sh9.7 trillion) a year in inflated interest as a "trust tax."
.
RECOMMENDED NEWS