Thursday, Sep 24, 2020
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Petrol price up by Ksh1.48 per litre

Kenya to start diesel price stabilisation fund

Diesel and kerosene prices dropped at midnight tonight while the price of petrol rose for the third consecutive month.

According to the latest monthly pump price review by the Energy and Petroleum Regulatory Authority, the price of diesel decreased by 12 cents per litre while that of kerosene dropped by 50 cents per litre, effective September 15, 2020 to October 14, 2020.

However, the price of super petrol increased by Ksh1.48  per litre.

Kerosene in Nairobi will now retail at Ksh 83.15, diesel at Ksh 94.51 while super petrol will retail at Ksh 105.43 up from Ksh 103.57 the previous month.

EPRA has said the price changes are as a result of increases in the average landed cost of imported fuel products.

Over the same period, the mean monthly US dollar to Kenya shillings exchange rate depreciated by 0.44 percent from Ksh107.46 per US dollar to Ksh107.93 per US dollar in August 2020.

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