Pump prices drop by Sh1 in latest Epra review

Business
By Esther Dianah | May 15, 2024
Pump prices for Super petrol, diesel and Kerosene reduced by Sh1, Sh1.20 and Sh1.30.  [Boniface Okendo, Standard]

Pump prices for petroleum products posted a ="https://www.standardmedia.co.ke/national/article/2001493203/fuel-prices-reduced-by-sh10-in-latest-epra-monthly-review">slight decrease in prices< in the latest review by the Energy and Petroleum Regulatory Authority (EPRA).

The pump price for Super petrol, diesel and Kerosene reduced by Sh1, Sh1.20 and Sh1.30 in the latest review that takes effect from 15th May 2024 to 14th June 2024.

In Nairobi, super petrol to retail at Sh192.84 per litre while diesel will retail at Sh179.18 per litre. Kerosene will retail at Sh168.76 per litre.

In Mombasa, the super petrol will retail at Sh189.66 per litre, diesel at Sh176.01 per litre and Kerosene at Sh165.69 per litre.

In Kisumu, super petrol will retail at Sh192.66 per litre, diesel at Sh179.39 per litre and kerosene at Sh169.01 per litre.

The drop in pump prices comes at the back of a ="https://www.standardmedia.co.ke/testbed/sports/amp/business/2001495091/shilling-predicted-to-strengthen-further">weak shilling against the dollar<. The global prices of diesel, super petrol and Kerosene increased in the global market.

In the latest review, ="https://www.standardmedia.co.ke/national/article/2001492536/lpg-dealers-oppose-epra-order-to-install-cameras-give-it-full-access">EPRA< has said that the average landed cost of imported super petrol increased by 3.82 per cent, diesel decreased by 0.46 per cent and Kerosene increased by 0.50 per cent.

In April, the cost of diesel reduced by a big margin of Sh10, and retailed at Sh180.38 a litre in Nairobi. 

Share this story
I am not about to retire, Equity's James Mwangi says
Equity Group Chief Executive James Mwangi has dismissed speculation about his retirement, emphasising his continued commitment to Kenya’s largest bank by customer base.
Report: Construction sector leads in mobile money use
Adoption of mobile money is highest in the construction industry, according to a new report that shows the low level of digitisation among informal sector businesses.
Delayed projects leave Kenya's blue economy limping
The government has been struggling to implement both Shimoni and Liwatoni fish complex since 2018, meant for processing tuna, without much success.
Middle East, Asian firms major attractions at the Construction Expo
More than 150 local and international companies showcased their products and services at the Big 5 Construct Kenya expo held at Sarit Centre on November 6-8.
Unlocking real estate: Advantages of investing in Reits
Reits offer a range of benefits that make them an attractive option for those looking to diversify their portfolios and participate in the country’s growing real estate sector.
.
RECOMMENDED NEWS