Petrol
Petrol

Kenya on Monday lowered the cost of petrol and diesel and raised kerosene prices marginally.

The Energy and Petroleum Regulatory Authority said in a statement that super petrol would retail 4.76 shillings (about 0.04 U.S. dollars) less and diesel 0.01 dollars lower for the next one month.

“The changes in this month’s prices have been as a consequence of the average landed cost of imported super petrol decreasing by 7.66 percent from 496.36 dollars per cubic meters in August to 459.27 dollars in September,” said Epra.

Diesel, on the other hand, decreased 2.32 percent to 491.94 dollars while kerosene rose 0.46 percent to 486.55 dollars, according to the authority.

The fuel price decline came as a relief to Kenyans, as its ripple effects would be felt in other sectors of the economy. Enditem

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