Relief for Kenyans? EPRA’s November 14 Fuel Review Raises Hopes of Petrol and Diesel Price Cuts
Kenyans are looking towards the latest fuel price announcement by the Energy and Petroleum Regulatory Authority (EPRA), with falling international oil prices raising expectations of cheaper petrol and diesel at filling stations across the country.
The regulator is expected to announce revised maximum retail prices on Saturday, November 14, 2026, with the new rates scheduled to take effect from November 15 to December 14.
The anticipated review comes at a time when international petroleum markets are showing signs of improved supply, potentially creating room for lower fuel import costs in Kenya.
In its November oil market report released on Friday, November 13, the International Energy Agency (IEA) projected that global oil production would exceed consumption during the final quarter of 2026.
The agency estimates that worldwide supply will average 105 million barrels per day, exceeding anticipated demand by approximately 1.7 million barrels daily.
International crude prices have also experienced a significant decline. North Sea Dated crude, a key global pricing benchmark, dropped from approximately $136 per barrel in early October to around $93.
The improvement has been attributed to recovering petroleum exports from Middle Eastern producers, easing pressure on international supply.
Diesel consumers could also benefit from additional supplies after the IEA announced plans involving emergency oil reserves, including 15 million barrels of diesel expected to become available by February 2027.
However, cheaper international crude does not automatically translate into lower pump prices. EPRA considers several factors, including import costs, shipping expenses, taxation, distribution charges and the exchange rate when determining local prices.
Under the existing schedule, motorists in Nairobi pay a maximum of KSh226.96 per litre for super petrol and KSh227.76 for diesel.
The November 14 announcement is therefore attracting considerable attention from motorists, transport operators and businesses hoping for a reduction in operating expenses.
A drop in fuel prices would offer much-needed relief to households already struggling with high transport costs and the rising cost of living.
Whether the improving global oil outlook will translate into meaningful savings at Kenyan filling stations now rests on EPRA’s latest calculations.
https://peopledaily.digital/business/epra-november-14-fuel-review-why-kenyans-expect-petrol-and-diesel-price-cuts
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