Kenya’s energy industry regulator on Wednesday decreased the retail prices for diesel, super petrol and kerosene by different price margins in the latest review for June to mid July.
The Energy Regulatory Commission (ERC) said the prices of super petrol per litre will fall to 0.99 U.S. dollars, diesel to 0.87 dollars and to 0.65 dollars for kerosene, mainly used by poor homes for lighting and cooking.
ERC Acting Director-General Pavel Oimeke said the drop in landed cost of the three products caused the marginal drop
Fuel prices have a significant impact on inflation in an economy which depends heavily on diesel for transport, power generation and agriculture, while kerosene is used in many households for lighting and cooking. Enditem