November 14, 2023 9:18 PM
Fuel prices for the period November 15 to December 14: EPRA explains why petrol prices remain steady while diesel and kerosene rates dropped
The Energy and Petroleum Regulatory Authority (EPRA) has recently made adjustments to fuel prices in its latest review, with notable changes in diesel and kerosene while keeping petrol rates unchanged for the period November 15 to December 14, 2023.
This decision comes on the heels of a previous increase in petrol prices last month.
Why petrol prices are unchanged for November 2023
EPRA revealed in its latest statement on Tuesday that petrol prices would remain constant for the stated period.
Despite a previous increase of Sh5.72 on October 14, the government’s decision to stabilise pump prices has kept the rates from further escalation.
Without this intervention, a litre of petrol could have reached Sh229.37, factoring in an additional margin of Sh12.01 through the Petroleum Development Levy (PDL).
“In order to cushion consumers from the spike in pump prices as a consequence of the increased landed costs, the Government has opted to stabilize pump prices for the November December 2023 pricing cycle.
“The National Treasury has identified resources within the current resource envelope to compensate Oil marketing Companies,” EPRA announced on its X platform.
Diesel and kerosene price adjustments
Contrary to petrol, diesel and kerosene prices have experienced changes. Diesel will retail at Sh203.47, while kerosene will cost Sh203.06 at the pump.
The downward adjustments reflect a decrease of Sh2.00 per litre for both diesel and kerosene.
Regional fuel prices in Kenya
Motorists across different regions in Kenya will experience varying fuel prices. In Nairobi, for instance, petrol, diesel, and kerosene will be sold at Sh217.36, Sh203.47, and Sh203.06, respectively.
Similar adjustments will be observed in Mombasa, Nakuru, and Eldoret.
- Mombasa: Petrol – Sh214.30, Diesel – Sh200.41, Kerosene – Sh199.99
- Nakuru: Petrol – Sh216.35, Diesel – Sh202.88, Kerosene – Sh202.46
- Eldoret: Petrol – Sh217.12, Diesel – Sh203.65, Kerosene – Sh203.22
Economic impact of new fuel prices in Kenya
This latest fuel price review occurs amid a backdrop of Kenyans urging the administration, led by President Ruto, to address the escalating cost of living.
Economic challenges, including layoffs, have heightened concerns, pushing millions into economic despair.
JOIN OUR PULSE COMMUNITY!
Get our Top Stories delivered to your inbox
Welcome to the Pulse Community! We will now be sending you a daily newsletter on news, entertainment and more. Also join us across all of our other channels – we love to be connected!
Get our Top Stories delivered to your inbox
Welcome to the Pulse Community! We will now be sending you a daily newsletter on news, entertainment and more.
Note: This article have been indexed to our site. We do not claim legitimacy, ownership or copyright of any of the content above. To see the article at original source Click Here
Silonn Ice Maker Countertop, Portable Ice Machine with Carry Handle, Self-Cleaning Ice Makers with Basket and Scoop, 9 Cubes in 6 Mins, 26 lbs per Day, Ideal for Home, Kitchen, Camping, RV
$68.30 (as of November 7, 2024 18:44 GMT +00:00 - More infoProduct prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on [relevant Amazon Site(s), as applicable] at the time of purchase will apply to the purchase of this product.)
Amazon Basics Digital Kitchen Scale with LCD Display, Batteries Included, Weighs up to 11 pounds, Black and Stainless Steel
$10.19 (as of November 7, 2024 18:44 GMT +00:00 - More infoProduct prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on [relevant Amazon Site(s), as applicable] at the time of purchase will apply to the purchase of this product.)
SWIFTLITE Black Vinyl Gloves, Food Grade Gloves Disposable Latex Free & Powder Free, Guantes for Cleaning Cooking Food Prep
$6.99 (as of November 7, 2024 18:48 GMT +00:00 - More infoProduct prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on [relevant Amazon Site(s), as applicable] at the time of purchase will apply to the purchase of this product.)
EUHOMY Nugget Ice Maker Countertop with Handle, Ready in 6 Mins, 34lbs Per Day, Removable Top Cover, Auto-Cleaning, Portable Sonic Ice Maker with Basket and Scoop, for Home/Party/RV/Camping (Black)
$128.69 (as of November 7, 2024 18:52 GMT +00:00 - More infoProduct prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on [relevant Amazon Site(s), as applicable] at the time of purchase will apply to the purchase of this product.)
