EPRA Reduces Fuel Prices for June.
EPRA Reduces Fuel Prices for June: The Energy and Petroleum Regulatory Authority (EPRA) has announced fuel prices for The Month of June, Effective June 14 to July 14 2024.
The Regulatory Authority In the latest review announced on Friday, June 14, EPRA reduced the price for Super Petrol by Ksh3. Diesel prices were reduced by Ksh6.08 while Kerosene was reduced by Ksh5.71.
As announced by EPRA, pump prices for Super Petrol in Nairobi will be Ksh189.84, Diesel and Kerosene will retail at Ksh173.10 and Ksh163.05 respectively.
“In the period under review, the maximum allowed petroleum pump price for Super Petrol, Diesel and Kerosene decreases by Ksh3.00, Ksh6.08 and Ksh5.71 per litre respectively.
“In Nairobi, Super Petrol, Diesel and Kerosene will now retail at Ksh189.84, Ksh173.10 and Ksh163.05 effective midnight for the next 30 days,” read the statement in part.
Notably, In Mombasa, the price for Super Petrol, Diesel and Kerosene is Ksh186.66, Ksh169.13 and Ksh160 respectively.
EPRA owed the drop to the decrease in landing cost and the stabilisation of the shilling against the dollar.
EPRA Stated,”The average landed cost of imported Super Petrol decreased by 1.95 per cent from US$765.87 per cubic metre in April 2024 to US$750.95 per cubic metre in May 2024,”
“Diesel decreased by 3.92 per cent from US$719.21 per cubic metre to US$690.99 per cubic metre while Kerosene decreased by 6.84 per cent from US$728.97 per cubic metre to US$679.14 per cubic metre,” EPRA added.
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