As from 15th July, Motorists will start paying more for fuel after prices surge by a worrying margin in over a decade. With a litre of petrol will cost Sh100.48 in the capital, an increase from the current Sh89.10 while diesel will be sold at Sh91.87, up from the Sh74.57 per litre last month. Kerosene will retail Sh2.98 higher from the Sh62.46 per litre in the changes announced by the energy regulator.
The Energy and Petroleum Regulatory Authority wrote: “The changes in this month’s prices are as a result of the average landed cost of super petrol increasing from $248.21 per cubic metre in May 2020 to $279.58 per cubic metre in June 2020, and Diesel increasing from $228.62 per cubic metre to $302.15 per cubic metre to $126.39 per cubic metre.” There was no kerosene import in the May/June cycle as demand remained depressed.
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