Fuel prices remain unchanged third time

The Energy and Petroleum Regulatory Authority (EPRA) has retained fuel costs in the country for the third time since November last year.

The price for a liter of petrol will be retained at Ksh.129.72 while diesel and kerosene will sell at Ksh.110.60 and 103.54 respectively for the next one month.

This even as the average landed cost for super petrol in the December 2021 import cycle eased by 4.11 percent.

Diesel and kerosene import costs were similarly down by 5.71 and 4.89 percent respectively in the cycle.

The National Treasury is expected to compensate oil marketers for the continued trim on supplier margins which remain at zero over the delayed compensation to oil marketers.