Its end of relief for Kenyans as fuel prises go up again.Petrol and diesel costs will increase by Sh11.38 and Sh17.30 per litre while Kerosene increases by Sh2.98.The Energy and Petroleum Regulatory Authority (EPRA) has attributed the rise in pump prices to an increase in the landed cost of fuel imports.
The changes in this months prices are as a result of the average landed cost of imported super petrol increasing by 12.64 percent in June and diesel increasing by 32.16 percent,” noted EPRA in a statement Tuesday.
No Kerosene was imported during the month maintaining the cool down on kerosene costs in the review but for an adjustment under the recovery of value added tax (VAT) by oil marketers in the cycle.
A litre of petrol in Nairobi is now back north of Ksh. 100 and will retail at Ksh. 100.48 from Wednesday while costs to diesel and kerosene will rise to Ksh. 91.87 a litre and Ksh. 65.45 respectively.
The rise in global oil prices is indicative of the continued recovery of crude prices as the demand for oil returns from a lift to Covid-19 restrictions across the globe