Kenya's fuel regulator raised gasoline prices and cut diesel costs for the next month. The Energy and Petroleum Regulatory Authority announced the changes on June 14. Super petrol went up 2.69 shillings per liter across the country. Diesel prices fell 1.95 shillings and kerosene dropped 2.06 shillings per liter. The new rates take effect at midnight and last until July 14.
Nairobi drivers pay 177.32 shillings for super petrol and 162.91 shillings for diesel. Kerosene costs 146.93 shillings per liter in the capital city. Mombasa has the cheapest fuel with super petrol at 174.01 shillings. Kisumu and Eldoret charge similar amounts for all three fuel types. Nakuru falls between the highest and lowest price ranges.
Officials review fuel costs each month based on world oil markets and import expenses. The government adds 16 percent tax to all petroleum products sold locally. Regulators want to balance fair prices for consumers with reasonable profits for fuel companies. Kenya imports most of its oil from other countries around the world. Monthly price changes affect how much people spend on transportation and goods.
Nairobi drivers pay 177.32 shillings for super petrol and 162.91 shillings for diesel. Kerosene costs 146.93 shillings per liter in the capital city. Mombasa has the cheapest fuel with super petrol at 174.01 shillings. Kisumu and Eldoret charge similar amounts for all three fuel types. Nakuru falls between the highest and lowest price ranges.
Officials review fuel costs each month based on world oil markets and import expenses. The government adds 16 percent tax to all petroleum products sold locally. Regulators want to balance fair prices for consumers with reasonable profits for fuel companies. Kenya imports most of its oil from other countries around the world. Monthly price changes affect how much people spend on transportation and goods.