Motorists to dig deeper into their pockets as ERC reviews fuel prices upwards

Motorists to dig deeper into their pockets as ERC reviews fuel prices upwards

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BY KORIR JUMA,NAIROBI,14TH FEB 2018-Motorists will have to dig deeper into their pockets once more after the energy regulatory commission increased the fuel prices.In its monthly fuel review released on Tuesday ,Fuel prices have gone up  by Sh1.62, Sh2.14 and Sh1.97 for super petrol, diesel and kerosene respectively.

E RC  says a litre of super petrol will now retail at Sh107.92 in Nairobi, diesel will go for Sh96.96 while kerosene will retail at Sh76.75.

The prices will take effect from midnight, February 14 to midnight March 14.

ERC Director General Robert Oimeke said the increase was occasioned by the average landed cost of imported super petrol which went up by 4.10 per cent from USD 661.63 per ton in December to USD 688.76 per ton in January 2018.

“Diesel increased by 4.33 per cent from USD 568.82 per ton to USD 593.85 per ton and kerosene increased by 4.74 per cent from USD 616.51 per ton to USD 645.72 per ton,” Oimeke said.

This is the ninth month that fuel prices have been increasing since the June 2017 review.

Prices in other towns   are  as outlined below:

In Kisumu, motorists will pay Sh109.86 for super petrol, Sh99.11 for diesel while families that rely on kerosene for cooking will by a litre at Sh78.66.

In Mombasa, a litre of super petrol will retail at Sh104.63, diesel Sh93.68 while kerosene will be bought at 73.98.

Super petrol will be sold at Sh109.79 in Eldoret, Sh99.04 for diesel and kerosene will retail at Sh78.68.

 

 

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