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Home » News » Fuel prices drop by the largest margin in three years

Fuel prices drop by the largest margin in three years

Last updated: April 14, 2024 3:51 pm
Jessicah Mwambia 2 years ago
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1 Min Read
In a statement, EPRA announced that Super Petrol decreased by ksh5, Diesel by Ksh5, and Kerosene by Ksh4.82 per litre.
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The Energy and Petroleum Regulatory Authority (EPRA) has announced new fuel prices for April to May 14, 2024.

In a statement shared on Sunday, April 14, 2024, EPRA announced the price reduction of Super Petrol, Diesel and Kerosene by Ksh5.31 per litre, Ksh10.00 per litre and Ksh18.68 per litre respectively.

“In the period under review, the maximum allowed petroleum pump price for Super Petrol, Diesel and Kerosene decreased by KShs.5.31 per litre, KShs.10.00 per litre and KShs.18.68 per litre respectively.

“The prices are inclusive of the 16% Value Added Tax (VAT) in line with the provisions of the Finance Act 2023, the Tax Laws (Amendment) Act 2020 and the revised rates for excise duty adjusted for inflation as per Legal Notice No. 194 of 2020,” EPRA said.

With the new price changes, Super Petrol will retail at Ksh193.84, Diesel Ksh 180.38 whereas Kerosene will retail at Ksh170.06 in Nairobi. This is from the previous Ksh199.15, Ksh190.38 and Ksh188.74 for Petrol, Diesel and Kerosene respectively.

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