On Monday, October 14, the Energy and Petroleum Regulatory Authority (EPRA) issued a new report detailing the latest updates on the prices of super petrol, diesel, and kerosene.
The most significant adjustment was observed in the price of super petrol, which decreased by Ksh8.18, dropping from Ksh188.84 to Ksh180.66. Diesel also saw a reduction of Ksh3.54, with its price falling from Ksh171.60 to Ksh168.06.
Similarly, kerosene experienced a slight decline, decreasing from Ksh158.32 to Ksh151.39.
According to the energy regulator, the prices were inclusive of the 16 per cent Value Added Tax (VAT) in line with the provisions of the Finance Act 2023, and the Tax Laws Amendment Act of 2020.
There was an expectation that fuel prices would drop, especially since the Kenyan shilling has been holding its own against the US dollar.
According to the latest exchange rates the shilling traded at 128.50/129.50 against the dollar, which was the same rate as from last Friday, according to data from the London Stock Exchange Group.
