This archive report was first published on 14 May 2020.
On May 14, 2020, the Energy and Petroleum Regulatory Authority (EPRA) announced a revision in the prices of super petrol, diesel, and kerosene in Kenya.
According to EPRA, the price of super petrol has been decreased by Sh9.54 per liter, making it retail at Sh83.33 per liter for the next one month.
Diesel users are set to benefit the most from the price revision, with the commodity's price being slashed by Sh19.19 per liter, making it retail at Sh78.37 per liter.
However, kerosene users will have to pay an extra Sh2.49 per liter, making it retail at Sh79.69 per liter.
The price revision is attributed to a decrease in the average landed cost of imported Super Petrol, which dropped by 38.94 percent from US$309.03 per cubic meter in March to US$188.07 per cubic meter in April.
Additionally, the mean monthly US Dollar to Kenya shilling exchange rate depreciated by 2.67 percent from Sh104.05 per US dollar in March 2020 to Sh106.83 per US dollar in April 2020.
