EPRA Raises Petrol Prices by KSh12.93, Diesel by KSh9.90, Kerosene by KSh28.49
The new prices will see Super Petrol retail at KSh226.96 per litre in Nairobi, while diesel will cost KSh227.76 and kerosene KSh219.87.
In Mombasa, motorists will pay KSh223.81 for Super Petrol, KSh224.61 for diesel and KSh216.71 for kerosene.
EPRA announced the changes on Wednesday, October 14, citing international fuel costs, market demand and developments surrounding the conflict involving the United States, Israel and Iran.
EPRA Explains Why Fuel Prices Have Increased
EPRA Director General Engineer Edward Mwirigi Kinyua said international petroleum prices had risen sharply, contributing to the higher pump prices in Kenya.
He pointed to September as a particularly difficult month for fuel markets since the conflict began, noting a significant increase in the cost of imported petrol.
“September has been the worst month ever since this war broke out. Super petrol has reached USD 1,300 per metric tonne from the initial USD $600 per metric tonne,” Kinyua told journalists on Wednesday, October 14.
Earlier in the week, crude oil prices reportedly climbed to around $106 per barrel before easing.
The latest increases therefore come at a time when uncertainty in international energy markets continues to affect fuel-importing countries.
Government Holds Back Fuel Price Stabilisation
The latest price review also comes after the government decided not to apply the fuel price stabilisation mechanism during the current pricing cycle.
Kinyua said the authority and government had opted to preserve the available resources for possible use in future pricing cycles if prices rose further.
“We will not introduce the stabilisation for this pricing cycle so that the amounts being saved today can be utilised in the future if the prices were to go burst,” EPRA’s director general said.
The decision means consumers will bear more of the impact of the current increase at the pump.
Kerosene Records the Biggest Increase
Kerosene recorded the largest increase in the latest review, rising by KSh28.49 per litre.
According to EPRA, the adjustment is partly intended to reduce the price difference between kerosene and other petroleum products, discouraging the adulteration of motor fuels.
Fuel adulteration involves mixing products such as kerosene with petrol or diesel, potentially affecting vehicle performance and creating safety risks.
Kinyua said the practice could have serious consequences, particularly for public transport operators.
“We are aware of the issue of adulteration of fuel prices, which might have a devastating impact, especially in the matatu sector. That is why we have decided to bring the price of kerosene to other motor fuels,” he added.
Motorists and Businesses Face Higher Costs
Higher petrol and diesel prices can increase fares, delivery charges and the cost of moving agricultural produce and other goods.
Kerosene users may also face higher household energy expenses following the sharp adjustment.
For Kenyan consumers, the immediate impact will be felt through higher pump prices and the possibility of increased costs for transport and other essential services.
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EPRA Raises Petrol Prices by KSh12.93, Diesel by KSh9.90, Kerosene by KSh28.49
