The price of petrol has gone up by Sh. 4 starting today. This follows a price review by the Energy Regulatory Commission (ERC). According to the new review, the price of petrol has shot up to Sh102.65 per litre in Nairobi from Sh98.59. However, diesel and kerosene prices have reduced.
In Nairobi, diesel will retail at Sh.1.21 per litre lower at Sh83.35 while kerosene will be selling at Sh4.76 lower at Sh57.98 per litre.
“This month’s pump prices took account of an additional Sh3 per litre in the pricing of super petrol and diesel to cover for the enhanced road maintenance levy announced in this year’s budget,” said the Energy Regulatory Commission (ERC) in a statement. The increased roads levy came into effect on July 17. “Accordingly, recovery of the additional cost borne by oil marketing companies has been factored for all cargoes whose taxes were paid after the effective date,” ERC said.
