The energy regulatory authority has announced new oil prices amid the corona virus crisis.
The Energy and Petroleum Regulatory Authority (EPRA) has attributed the rise in pump prices to an increase in the landed cost of fuel imports which has also seen kerosene costs rise by Ksh.2.98.
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 landed cost of imported fuel has marked the end of relief for motorists as petrol and diesel costs pick up by Ksh.11.38 and Ksh.17.30 respectively.
The Energy and Petroleum Regulatory Authority (EPRA) has attributed the rise in pump prices to an increase in the landed cost of fuel imports which has also seen kerosene costs rise by Ksh.2.98.
“The changes in this months prices are as a result of the average landed cost of imported super petrol increasing by 12.64 percentin 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
Like!! I blog frequently and I really thank you for your content. The article has truly peaked my interest.
I like the valuable information you provide in your articles.
These are actually great ideas in concerning blogging.
I am regular visitor, how are you everybody? This article posted at this web site is in fact pleasant.
These are actually great ideas in concerning blogging.