EPRA cuts petrol, kerosene price by Sh18NAIROBI, KENYA: The Energy and Petroleum Regulatory Authority has significantly lowered fuel prices relieving the financial burden from many Kenyans feeling the financial impact of COVID-19In its monthly fuel review, the regulator saved motorists Sh18 on super petrol budget per litre. Kerosene, which is used by many households, was reduced by Sh18.8 per litre while Diesel was reduced by Sh4.09 per litre. The changes in this month’s prices are because of the average landed cost of imported Super Petrol decreasing by 34.61 per cent from USD472.59 per cubic metre in February to USD 309.03 per cubic metre in March. Diesel decreasing by 9.89 per cent from USD 480.21 per cubic metre to USD 432.70 per cubic metre and Kerosene decreasing by 37.70 per cent from USD 421.24 per cubic metre to USD 262.44 per cubic metre. In Nairobi, petrol, diesel and kerosene will start retailing at Sh92.87, Sh97.56 and Sh77.28 per litre respectively.

Source: Standard Digital April 14, 2020 12:04 UTC