Kenya's energy watchdog EPRA slashed fuel prices for May. Consumers will see relief at gas stations across the country. Petrol prices decreased by Sh1.95 per liter, with diesel and kerosene falling by Sh2.20 and Sh2.40, respectively.
Nairobi residents will pay Sh174.63 for super petrol and Sh164.86 for diesel. Mombasa and Eldoret locations see similar reductions with slight regional variations. The price changes reflect global oil market trends and current exchange rates.
Imported fuel costs have decreased significantly. Super petrol landed costs dropped nearly 5 percent to $637.22 per cubic meter, while diesel and kerosene experienced comparable reductions of around 6.5 percent.
Regulatory authorities calculate monthly adjustments based on international petroleum markets. These fluctuations impact national economic performance and consumer spending. Fuel price movements remain critical indicators of economic health.
Global energy markets continue to experience volatility. On recent trading days, Brent futures settled at $64.21 per barrel. Economic uncertainties contribute to ongoing price shifts.
Nairobi residents will pay Sh174.63 for super petrol and Sh164.86 for diesel. Mombasa and Eldoret locations see similar reductions with slight regional variations. The price changes reflect global oil market trends and current exchange rates.
Imported fuel costs have decreased significantly. Super petrol landed costs dropped nearly 5 percent to $637.22 per cubic meter, while diesel and kerosene experienced comparable reductions of around 6.5 percent.
Regulatory authorities calculate monthly adjustments based on international petroleum markets. These fluctuations impact national economic performance and consumer spending. Fuel price movements remain critical indicators of economic health.
Global energy markets continue to experience volatility. On recent trading days, Brent futures settled at $64.21 per barrel. Economic uncertainties contribute to ongoing price shifts.
