The fuel price curve is steadily rising and today Energy and Petroleum Regulatory Authority – EPRA released a review that indicated that the price of petrol is set to rise by 77 cents.
In the meantime, the price of both kerosene and diesel will remain unchanged.
According to the new adjustment, Super Petrol will now retail at ksh.127.14, diesel at ksh.107.66, and kerosene at ksh.97.85 per litre.
In a statement, EPRA noted that the new prices will be in force between June 15 and July 14, 2021.
” EPRA Kenya has calculated the maximum retail prices of petroleum products, which will be in force from June 15 to July 14, 2021. In the period under review, the price for Super Petrol increases by Kshs 0.77 per to retail at KShs/L 127.14 in Nairobi while that of Diesel and Kerosene remain unchanged from the May 2021 prices,” part of the statement read.
The rise in fuel prices can be traced to high taxes imposed by the government in the country.
This is expected to consequently lead to an increase in the general cost of living.