This means that a litre of petrol, diesel, and kerosene will now retail at Sh211.64, Sh200.99, and Sh202.61 per litre in Nairobi starting at midnight.
“The average landed cost of imported Super Petrol increased by 4.80% from US$739.21 per cubic metre in July 2023 to US$774.67 per cubic metre in August 2023; Diesel increased by 12.52% from US$701.99 per cubic metre to US$789.89 per cubic metre while Kerosene increased by 19.79% from US$690.58 per cubic metre to US$827.26 per cubic metre,” EPRA announced on its X page.
Fuel is used in many sectors of the economy, such as transportation, industries, and homes.
A slight increase in prices means that transport operators and factories will have to pass high fuel bills on to consumers, coming at a time when the majority of them are facing tough economic times amid high costs of living.