Petrol Prices At the Pump Drop By Sh1.42

KEY POINTS

  • Energy and Petroleum Regulatory Authority director-general Pavel Oimele said the changes in this month's prices resulted from an average cost of imported super petrol decreasing by 4.45 percent from $331.37 per cubic meter in September 2020 to $316.64 per meter in October.

The fuel prices for super petrol have reduced by Sh1.42 per liter in the latest review by the Energy and Petroleum Regulatory Authority.

The prices of Diesel and Kerosene had also been reduced by Sh2.21 and Sh2.10 respectively.

Until December 14, motorists in Nairobi will pay Sh105.85 per liter for petrol, Sh90.70 for diesel, and 81.63 for a liter of kerosene.

The price poof petrol has declined from Sh107.27 a liter that it has retailed for in the last one month in the capital.

Diesel drops from Sh92.91 per liter while kerosene has dropped from Sh83.73 a liter.

Energy and Petroleum Regulatory Authority director-general Pavel Oimele said the changes in this month’s prices resulted from an average cost of imported super petrol decreasing by 4.45 percent from $331.37 per cubic meter in September 2020 to $316.64 per meter in October.

“Diesel decreasing by 7.42 percent from $311.99 to $288.83 per cubic meter and Kerosene decreasing by 7.42 percent from $282.09 per cubic meter to $261.17 per cubic meter,” Oimeke said.

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During the same period, the average monthly US Dollar to Kenya Shilling exchange rate reduced by 0.49 percent from Sh108.60 per dollar in September to Sh109.14 in October.

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