The Energy and Petroleum Regulatory Authority (EPRA) has today announced new June-July fuel prices that will be effective from today midnight June 14th to July 14th.
In a statement, EPRA announced that there will be a significant reduction in June-July fuel prices as Super Petrol has been reduced by Ksh3, Diesel prices were reduced by Ksh6.08 while Kerosene was reduced by Ksh5.71.
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“In the period under review, the maximum allowed petroleum pump price for Super Petrol, Diesel and Kerosene decreases by Ksh3.00, Ksh6.08 and Ksh5.71 per litre respectively.”
This means In Nairobi, Super Petrol, Diesel and Kerosene will now retail at Ksh189.84, Ksh173.10 and Ksh163.05 respectively effective midnight for the next 30 days.
According to EPRA, the June-July drop in prices have been effected by the drop in landing costs and the stabilisation of the Shilling against the dollar that has been witnessed in recent months.
“The average landed cost of imported Super Petrol decreased by 1.95 per cent from US$765.87 per cubic metre in April 2024 to US$750.95 per cubic metre in May 2024.”
Diesel decreased by 3.92 per cent from US$719.21 per cubic metre to US$690.99 per cubic metre while Kerosene decreased by 6.84 per cent from US$728.97 per cubic metre to US$679.14 per cubic metre.
In Mombasa, the price for Super Petrol, Diesel and Kerosene was set at Ksh186.66, Ksh169.13 and Ksh160 while motorists in Kisumu will be purchasing Super Petrol at Ksh189.66 and Diesel at Ksh173.31 per litre.
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Nakuru and Eldoret motorists will have prices of Super Petrol capped at Ksh188.90 and Ksh189.67 respectively while Diesel prices were capped at Ksh172.54 (Nakuru) and Ksh173.31 (Eldoret).