The Energy Petroleum Regulator Authority (EPRA) has reduced Super Petrol, Diesel, and Kerosene prices by Kes 5, Kes 2, and Kes 4 respectively per liter in its latest monthly price review.

Therefore, petrol will retail at Kes 212.36, Diesel at Kes 201.47 and Kerosene at Kes 199.05 per liter in Nairobi.

This follows a decrease in Super Petrol, Diesel, and Kerosene landed costs.

“The average landed cost of imported Super Petrol decreased by 16.11% from US$827.75 per cubic metre in October 2023 to US$694.44 per cubic metre in November 2023; Diesel decreased by 5.43% from US$873.42 per cubic metre to US$826.01 per cubic metre while Kerosene decreased by 6.63% from US$813.90 per cubic metre to US$759.93 per cubic metre,” said EPRA in a statement.

Additionally, EPRA says that the price of diesel has been cross-subsidized with that of Super Petrol, and in order to cushion the economy further, the Government has opted to stabilize the resultant diesel price.

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“Government through the National Treasury has identified resources within the current resource envelope to compensate Oil Marketing Companies,” said EPRA.