Motorists across the country are set for relief at the pump after the Energy and Petroleum Regulatory Authority, EPRA, cut diesel price by Sh10 per litre in its latest monthly review.
The new prices, which take effect at midnight and run from June 15 to July 14, offer some reprieve to households, public service vehicle operators and businesses that have been under pressure from elevated fuel costs in recent months.
In the latest review, EPRA reduced the price of diesel by Sh10 per litre, the biggest movement in the new pricing cycle. Super petrol will drop marginally by 22 cents per litre, while kerosene prices will remain unchanged.
In Nairobi, super petrol will now retail at Sh214.03 per litre, diesel at Sh222.86 and kerosene at Sh191.38.
In Mombasa, super petrol will retail at Sh210.87 per litre, diesel at Sh219.58 and kerosene at Sh188.09.
The reduction in diesel prices is expected to be closely watched by the transport sector, manufacturers, farmers and logistics operators, where diesel remains a key cost driver. A lower diesel price could ease pressure on transport costs, although consumers may have to wait longer to see whether the reduction is passed on through fares and commodity prices.
EPRA said the revised pump prices were influenced by changes in the average landed cost of imported petroleum products.
According to the regulator, the landed cost of super petrol declined by 0.56 per cent, from 906 US dollars per cubic metre in April to 901 US dollars per cubic metre in May.
The review comes after a volatile period in Kenya’s energy sector, with fuel prices fluctuating sharply due to higher international crude oil prices, supply chain disruptions and uncertainty linked to tensions and conflict in the Middle East.
The sharp rise in diesel prices in previous reviews had triggered concern across the economy, particularly among public transport operators and businesses that rely heavily on fuel for distribution and production. The latest cut may therefore provide temporary relief, but fuel prices remain high by historical standards.
For many households, the marginal drop in petrol prices is unlikely to significantly reduce the cost of private transport. However, the Sh10 reduction in diesel could have a broader economic impact if it helps stabilize transport and supply chain costs.
Kerosene users, many of them low-income households that rely on the fuel for lighting and cooking, will not see any change in the latest review after EPRA held the price steady.
The new pricing cycle will remain in force for 30 days, with the next review expected in mid-July.
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