EPRA Keeps Fuel Prices Steady for Another Month
Motorists in the country can breathe a sigh of relief as the Energy and Petroleum Regulatory Authority has decided to maintain current pump prices for petrol, diesel, and kerosene over the next 30 days.
This announcement covers the period from July 15 to August 14, providing welcome stability amid fluctuating global oil markets. The move is expected to ease pressure on households, businesses, and transport operators who rely heavily on affordable fuel for daily operations.
In major urban centers like Nairobi, super petrol will continue to retail at Sh214.03 per litre, diesel at Sh222.86, and kerosene at Sh191.38. These rates include all applicable taxes such as Value Added Tax, in line with existing regulations. The authority's monthly review process takes into account international prices, currency exchange rates, and import costs, yet this time around, no adjustments were necessary thanks to supportive government measures.
Officials credited ongoing interventions, including an extended eight percent VAT rate on petroleum products and the use of funds from the Petroleum Development Levy, for helping keep costs in check. Despite uncertainties in the Middle East that often drive up global prices, these steps have allowed for price consistency following a slight reduction in diesel during the previous review period. This stability is particularly beneficial for sectors like public transport, agriculture, and manufacturing where fuel forms a significant part of operational expenses.
The decision comes as a timely boost for economic activities across the country, helping to control inflation related to transportation and production costs. Regular reviews by the regulatory body ensure that prices reflect real market conditions while protecting consumers from sudden shocks. As families and entrepreneurs plan their budgets for the coming weeks, this predictability offers a measure of financial certainty in an otherwise volatile energy landscape.
