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By Isaac OGANGA
Motorists will from midnight pay Sh3 less for a litre of super petrol while diesel users will see the largest drop in retail prices for a litre of diesel which goes down by Ksh 6.08 – the biggest drop in four years.
Kerosene users on the other hand will pay Ksh 5.71 less for a litre of the commodity.
The price changes now mean consumers in Nairobi will pay a maximum of Ksh 189.84 for a litre of super petrol, Ksh 173.10 for a litre of diesel and Ksh 163.05 for a litre of kerosene.
Those in Mombasa will pay a maximum of Ksh 186.66, Ksh 169.93 and Ksh 160 for a litre of super petrol, diesel and kerosene respectively.
This according to industry regulator, EPRA was as a result of the landed cost charges of imported fuels between April and May this year.
The average price of imported super petrol declined by 1.95pc from $765.87 in April to $750.95 per cubic metre in May while that of diesel went down by 3.92pc to $690.99 from $719.21. Kerosene on the other hand went down from $728.97 per cubic metre in April to $694.14 in May, a 6.84pc reduction.
“Currently, the country imports all its petroleum product requirements in refined form and the products are traded in international markets based on a pricing benchmark provided by S&P Global Platts,” said Kiptoo Bargoria, EPRA Director General.