By PATRICK ALUSHULAMore by this AuthorThe Energy Regulatory Commission (ERC) has cut the price of diesel to a 13-month low, offering hope for lower transport and machine operations costs. In Thursday’s price review, a litre of diesel in Nairobi will now retail at a maximum Sh95.96, following a Sh6.28 cut. The ERC also slashed the price of super petrol by Sh4.12 per litre, meaning that in the capital city, the maximum price will now be Sh100.09. Households that depend on kerosene for cooking and lighting have also been handed a relief after the price reduced by Sh5.20 per litre in Nairobi. The price drop was also supported by the fairly stable shilling, according to the regulator.

Source: Daily Nation February 14, 2019 18:56 UTC