Petrol prices drop marginally in latest review
The price of super petrol has marginally dropped by Sh0.63 in the latest review by the Energy Regulatory Commission.
Effective today midnight, the maximum retail price for a litre of super petrol in Nairobi will be Sh106.83 while a litre of Kerosene drops by Sh0.73 to 76.72. The price of diesel remains unchanged, retailing at Sh97.86.
According to ERC Director General Pavel Oimeke, the slight decrease was due to the cost of average landed cost of the Super Petrol and Kerosene in March, and the strengthening of the Kenyan shilling against the US Dollar.
“The changes in this month’s prices have been as a consequence of the average landed cost of imported Super Petrol decreasing by 1.05pc from US$680.05 per ton in February,” said Mr Oimeke.
In Mombasa, a litre of super petrol will retail at Sh103.54, diesel at Sh94.57 and kerosene at Sh76.72.