Business NewsSuper Petrol will be up by Sh5.77 per litre while Diesel and Kerosene will decrease by Sh3.80 and Sh17.31Consumers of Super petrol will pay more in the latest fuel prices adjustment to see Diesel and Kerosene consumers pay less beginning midnight. The energy regulator says Super Petrol will be up by Sh5.77 per litre while Diesel and Kerosene will decrease by Sh3.80 and Sh17.31 per litre respectively. This is as they anticipate higher prices which have been announced Sunday on the widely used Super Petrol productCommodity traders projected that local pump prices could go up by as much 16 per cent for diesel and kerosene while super petrol will shoot up by 10 per cent. But it is only the petrol price which has gone up by Sh5.77 per litre while Kerosene and Diesel reduced by Sh17.31 and Sh3.80 per litre respectively. This follows an increase in the cost of crude following demand growth attributed to economies reopening and an agreement among major oil producers to reduce production.
Source: Standard Digital June 14, 2020 11:37 UTC