Petrol and Diesel Prices Drop, Paraffin Keeps Rising

Total Kenya Plc on Thursday reported a 30 per cent growth in consolidated profit after tax (PAT) of Kshs 3,297 million in 2020 compared to Ksh 2,535 million posted the previous year.

Webuye Total Petrol Station

Super petrol and diesel prices in Kenya have dropped by KSh2.86 and KSh3.28 per litre respectively, while that of kerosene has increased by KSh1.98.

The Energy and Petroleum Regulatory Authority (EPRA) attributed the latest decrease in petrol and diesel costs to a break in the pricing of fuel imports between June and July.

“The changes in this month’s prices have been a consequence of the average cost of imported super petrol and diesel decreasing by 5.6 and 7.1 percent between June and July 2019,” read EPRA’s statement.

During the same period prices were affected by the mean monthly US Dollar to Kenya Shillings exchange rate which depreciated by 1.39 %from Ksh.101.89 per US$ in June 2019 to Ksh 103.31 per US$ in July 2019.

As a result fuel in Mombasa is now retailing at sh.109.89 for Petrol, Diesel at sh.97.97 and Kerosene at sh.101.32.In Nairobi, Petrol is retailing at sh 112.53 Diesel at sh. 100.60 and Kerosene at sh.103.95.

In Nakuru, Petrol is retailing at sh 114.02 Diesel at sh. 102.30 and Kerosene at sh.105.65. Eldoret, Petrol is retailing at sh 114.01 Diesel at sh. 102.29 and Kerosene at sh.105.64.

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