New Fuel Prices as Kenyans Feels More Pain At Pump
Energy Cabinet Secretary Opiyo Wandayi warned of further upward pressure on fuel prices as escalating conflict in the Middle East disrupts global oil supplies, increases shipping costs, and drives up the cost of petroleum imports. According to EPRA, they said;
In accordance with Section 101(y) of the Petroleum Act 2019 and Legal Notice No.192 of 2022, we have calculated the maximum retail prices of petroleum products, which will be in force from 15th October 2026 to 14th November 2026.
Taking into account the weighted average cost of imported refined petroleum products in the period under review, the maximum allowed retail petroleum pump prices for Super Petrol, Diesel, and Kerosene increase by KShs.12.93/litre, KShs.9.90/litre, and KShs.28.49/litre, respectively.
In Nairobi, Super Petrol, Diesel, and Kerosene are now retail at Kshs.226.96, Kshs.227.76, and Kshs.219.87, respectively, effective midnight for the next 30 days. The prices are inclusive of the Value Added Tax (VAT) at 8%, in line with government policy to cushion consumers from the negative effects of high international prices.
This means we depend on international suppliers, shipping routes, foreign currency and the cost of transporting fuel into the country. When international petroleum prices rise, the cost of importing fuel can also increase. Eventually, that pressure reaches the pump.
The situation is made more difficult by instability in the Middle East, a region that plays a major role in global energy supplies. Conflict in this region can create fears of supply shortages, push up shipping costs and cause traders to demand higher prices because of uncertainty.
Reported by News Hub Creator.
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