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BY JOAN WANJIKU,NAIROBI,14TH MARCH,2021-The orange democratic movement part ODM has opposed prices of fuel as announced by the energy and petroleum regulatory Authority EPRA on Sunday.
According to a statement issued by the party’s secretary general Edwin Sifuna,current difficult economic times brought a bout by the COVID19 pandemic can not allow kenyans to afford such exorbitant prices.
EPRA on Sunday revied upwards prices of all fuel products with super petrol leading the pack with Ksh 7.63 in Nairobi.
Diesel and kerosene prices have also surged by Ksh.5.75 and Ksh.5.41 a litre in the latest maximum pump prices review by the Energy and Petroleum Regulatory Authority (EPRA).
The month on month increase in the cost of all three petroleum products is largely attributable to a rise in international prices as oil demand continues to recover from depths of depression last year.
For instance, the landed cost of imported petrol surged by 14.97 per cent in the past month while diesel and kerosene import costs rose by 12.29 and 13.26 per cent respectively.
A litre of petrol will now retail in Nairobi at Ksh.122.81 while diesel and kerosene will retail at Ksh.107.66 and Ksh.97.85 per litre respectively.