Nairobi — Kenyans have been spared a fuel price increase after the Energy and Petroleum Regulatory Authority (EPRA) maintained pump prices for the next 30 days, up to January.
In its latest monthly review, EPRA kept prices for super petrol, diesel and kerosene unchanged.
In Nairobi, a litre of super petrol will continue to retail at Sh184.52, diesel at Sh171.47, and kerosene at Sh154.78, the same levels as the pricing cycle that ended at midnight.
The decision offers relief to motorists and households ahead of the Christmas and New Year travel period, when demand for fuel typically rises as thousands travel upcountry for the holidays.
"In the period under review, the maximum allowed petroleum pump prices for Super Petrol, Diesel and Kerosene remain unchanged," EPRA said in a statement.
The regulator noted mixed movements in global fuel costs. The average landed cost of imported super petrol fell by 4.25 percent to US$592.84 per cubic metre in November from US$619.14 in October.
However, the landed cost of diesel rose by 3.02 percent to US$654.24 per cubic metre, while kerosene increased by 5.52 percent to US$667.05 per cubic metre over the same period.
Despite the higher import costs for diesel and kerosene, EPRA said pump prices would remain stable for the review period.