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ERC Reduces Kerosene Prices And Increases Petrol, Diesel

ERC Reduces Kerosene Prices And Increases Petrol, Diesel

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Energy Regulatory Commission has issued out new prices of petroleum products with Kerosene users left mouth loud after the commission decreased the Prices.

The prices of super petrol and diesel have increased by Sh0.28 and Sh2.44 per litre respectively in the latest review by the Energy and Petroleum Regulatory Authority.

In a statement issued today and seen by the Kenyan Bulletin, the authority’s Director General Robert Oimeke also announced that the price of kerosene had decreased by Sh3.31 per litre.

Following the review, a litre of super petrol will retail at Sh112.81, diesel at Sh103.04 and kerosene at Sh100.64 in Nairobi.

In Mombasa, a litre of super petrol will sell at Sh113.30, diesel at Sh103.74 while kerosene will be Sh101.35.

In Nakuru, the three products will be sold at Sh109.89, Sh97.97 and Sh101.32 per litre respectively.

In the lakeside city of Kisumu, motorists will pay Sh114.29 for super petrol, Sh104.74 for diesel and Sh102.35 for kerosene, whereas in Eldoret, they will pay Sh114.29, Sh104.74 and Sh102.35 respectively.

The changes according to Oimeke are as a result of average landed cost of imported super petrol decreasing by 0.22 percent from US$498.46 per cubic metre in July 2019 to US$497.36 per cubic metre in August 2019.

Diesel increasing by 4.38 percent while kerosene decreasing by 5.61 percent.
The changes to take effect from September 15, 2019.