For motorists who thought that the year 2021 was their year, are in for a rude shock. A month after increasing fuel prices during the Christmas festivities, Energy Petroleum and Regulatory Commission (EPRA) has raided the pockets again with increased prices.
The price of Super Petrol has gone up by 0.17 shillings per liter. The price of Diesel has been increased by 4.57 shillings while that of Kerosene has gone up by 3.56 shillings per liter.
“The changes in this month’s prices are as a consequence of the average landed cost of imported super petrol increasing by 1.51 percent from 318.71 USD per cubic meter in November 2020 to 323.52 USD per cubic meter in December 2020,” said EPRA.
The landed cost of Diesel rose by 13.05 percent from 293.88 USD per cubic meter to 332.22 USD per cubic meter while that of kerosene rose by 9.27 percent from 277.27 USD per cubic meter to 302.97 USD per cubic meter.
Residents of Mombasa will part with 104.60 shillings for a liter of super petrol, 94.01 for a liter of diesel, and 84.75 shillings for a liter of Kerosene. Those in Nairobi will pay 106.99 shillings for super petrol, 96.40 shillings for diesel, and 87.12 shillings for kerosene.
Motorists from Nakuru will pay 106.69 for a liter of super petrol, 96.31 shillings for diesel, and 87.08 shillings for kerosene. In Eldoret, they will part with 107.62 shillings for super petrol, 97.23 shillings for diesel, and 88.00 shillings for kerosene.
People from the lakeside city of Kisumu will pay 107.61 shillings for petrol, 97.23 shillings for diesel, and 87.99 shillings for kerosene. Those in Kisii will pay 108.50 shillings for petrol, 98.11 shillings for diesel, and 88.70 shillings for kerosene.
“Over the period, the mean monthly US Dollar to the Kenyan Shilling exchange rate depreciated by 0.14 percent from 110.36 shillings to the dollar in November 2020 from 110.52 shillings to the dollar in December 2020,” said EPRA.
The Free On Board (FOB) price of Murban crude oil lifted in December 2020 was posted at 49.59 US Dollars per barrel, an increase of 15.17 percent from 43.04 us Dollars per barrel in November 2020.