Good News for Kenyans as Govt Announces Fuel Price Update for November-December Cycle

Kenyans could soon get relief from high fuel prices after Treasury Cabinet Secretary John Mbadi announced that the government plans to use the fuel stabilisation fund during the November-December 2026 review cycle to reduce pump prices.

Mbadi said the government deliberately avoided using the fund during the October review to preserve enough money for the coming months. He explained that the decision was influenced by expectations of increased global energy demand as European countries prepare for winter.

Speaking during an interview on Ramogi FM, the Treasury CS said the government wanted to build up the reserves so they could be used when necessary to protect consumers from rising fuel costs.

He explained that the stabilisation fund helps the government support oil marketers through subsidies, allowing them to avoid passing the full cost of rising international oil prices to consumers.

The announcement comes after the Energy and Petroleum Regulatory Authority (EPRA) increased fuel prices significantly in its October review, adding pressure on households and businesses.

Following the adjustment, a litre of super petrol in Nairobi rose to KSh 226.96, while diesel increased to KSh 227.76. Kerosene also recorded a major rise, reaching KSh 219.87 per litre.

The high prices have continued to affect transport costs, food prices and other essential goods, leaving many Kenyans hoping for a reduction in the next review.

Mbadi’s announcement also comes as global oil prices have recently declined ahead of EPRA’s November-December pricing cycle, raising expectations of possible relief for local consumers.

However, the Treasury CS did not announce the exact amount by which fuel prices will fall. The final pump prices will depend on the review by EPRA and the government’s stabilisation measures.

Kenyans are now waiting for the November-December announcement to establish whether the promised intervention will translate into lower prices at petrol stations.

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