EPRA keeps fuel prices unchanged despite global oil surge

In Nairobi, Super Petrol will continue to retail at a maximum of KSh214.03 per litre, Diesel at KSh217.86 and Kerosene at KSh191.38.

In Mombasa, Super Petrol remains at KSh210.87 per litre, Diesel at KSh214.58 and Kerosene at KSh188.09.

The decision comes despite mixed movements in the cost of imported petroleum products.

EPRA data shows that the average landed cost of Super Petrol fell by 7.87 per cent, from US$948.92 per cubic metre in July to US$874.26 in August.

Diesel recorded an 11.86 per cent increase, with its landed cost rising from US$855.59 to US$957.05 per cubic metre. Kerosene also rose by 9.71 per cent, from US$915.01 to US$1,003.87.

The latest review comes as international crude prices remain elevated. Brent crude climbed to $101.21 per barrel on September 9, its highest close since May, amid concerns over disruptions to oil shipments through the Strait of Hormuz.

The waterway previously handled about one-fifth of global oil and gas supplies, with reduced flows raising concerns over further supply disruptions.

The unchanged pump prices offer temporary relief to motorists and households, with the next monthly review expected on October 14.

EPRA said the prices are inclusive of VAT and reflect applicable tax and excise duty provisions.