Thursday, December 12, 2024

Petrol falls by nearly Sh. 5, diesel, kerosene rise marginally

Petrol falls by nearly Sh. 5, diesel, kerosene rise marginally
Prices of petrol price has dropped by Sh4.87 a litre and will for the next one month. This is lowest petrol price since December 2010 when the regulator started controlling the cost of fuel.
Prices of diesel and Kerosene, however, rose marginally, by Sh0.53 to Sh66.23 and Sh1.81 to Sh43.96 respectively in Nairobi, in the schedule released by the Energy Regulation Commission.
“The average landed cost of imported super petrol decreased 11.90 per cent from $ 473.84 per tonne in February 2016 to $417.46 per tonne in March 2016,” ERC said in its statement, while announcing the prices that will be applicable till May 14.
Mombasa motorists will be paying Sh83.20 for a litre of petrol and Sh64.63 for diesel. A litre of kerosene will retail at Sh36.94.
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