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More pain for motorists as fuel prices hike again

Kenyans will have to dig deep into their pockets for the next month after the Energy and Petroleum Regulatory Authority (EPRA) announced a significant increase in the prices of fuel on Friday.

The changes will see a litre of super petrol increase by Sh2.67, diesel up by Sh2.13, while the price of kerosene will decrease by Sh1.26.

In Nairobi, a litre of super petrol, diesel and kerosene will from tonight retail at Sh112.87, Sh104.45 and Sh102.69 respectively.

The new prices of the petroleum products will take effect from February 15 until March 14.

“In accordance with Section 101(y) of the Petroleum Act 2019, Legal Notice No.196 of 2010 and Legal Notice No. 26 of 2012, EPRA has calculated the maximum wholesale and retail prices of petroleum products, which will be in force from 15th February to 14th March 2020.” Said EPRA.

In January, the energy regulator increased prices of super petrol, diesel and kerosene by Sh0.70, diesel Sh0.54 and kerosene by Sh1.64.

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Lawrence Baraza

Lawrence Baraza is a dynamic journalist currently overseeing content at Metropol TV Digital. With a keen focus on business news and analytics, Lawrence guides the platform in delivering insightful, data-driven content that empowers its audience to make informed decisions. Lawrence’s commitment to quality and his ability to anticipate market trends make him a key figure in the digital media landscape. His work continues to shape the way business news is consumed, making a significant impact in the field.

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