Pump agony as fuel prices rise in latest review
Households that rely on kerosene for lighting and cooking will have to spend more after its price was increased by Sh5.05 per litre.
Motorists will also spend more after the price of super petrol price was increased by Sh1.03, while diesel went up by Sh3.70.
The Energy Regulatory Commission announced the new prices on Tuesday in its latest review. They take effect from midnight.
In Nairobi, a litre of petrol will now retail at Sh102.70, diesel at Sh92.41 and Kerosene at Sh71.23.
The commission attributed the rise to increased average landed cost of the product as well as depreciation of the Kenya shilling.
“The changes in this month’s prices have been as a consequence of the average landed cost of imported super petrol increasing by 1.42% from $601.97 per ton in September 2017 to $610.50 per ton in October 2017; Diesel increasing by 6.31% from $508.56 per ton to $540.66 per ton and Kerosene increasing by 8.12% from $517.54 per ton to $559.58 per ton.”
“Over the same period, the mean monthly US Dollar to Kenya Shilling exchange rate depreciated by 0.37% from Sh103.12 per US$ in September 2017 to Sh103.51 per US$ in October 2017,” wrote the commission.