Fuel prices remain unchanged, three months in a row
Business
By
Macharia Kamau
| Mar 14, 2025
Fuel prices will remain unchanged for the next one month despite a hike in the margins for oil marketing companies and transporters.
To cushion consumers from the higher wholesale, retail and transport costs, the Energy and Petroleum Regulatory Authority (Epra) has subsidized petroleum products.
In the March- April pricing cycle, motorists will continue to pay Sh176.58 per litre of super petrol in Nairobi, Sh167.08 per litre of diesel, and Sh151.39 per litre of kerosene.
"In the period under review, the maximum allowed pump price for super petrol, diesel, and kerosene remain unchanged," said Epra in its monthly price capping guide yesterday.
This is even as the energy industry regulator increased the margins for oil marketing companies. The firms will now make Sh15.24 per litre of super petrol, up from Sh12.39, translating to an increase of Sh2.85.
READ MORE
Why Ruto, Ouattara meeting is important for Kenya and Cte d'Ivoire
Ruto hosts African leaders at State House ahead of summit
Bill for two decades of failure by football officials is now due
Amsons Group pledges Sh4.5b for hospitals
Governor Waiguru banks on street lights to power Kirinyaga's 24hr economy
Governor Nassir launches construction of Kongowea Level 4 Hospital
We can bridge seed access in the face of global disruptions
CHAN rip-off: How weeks-old insurance firm pocketed Sh42 million
Families seek justice over Ishiara killings as anger mounts
KMPDU raises alarm over security and staffing at Ishiara hospital
The margins for diesel will increase to Sh15.16 per litre from an earlier Sh12.36, an increase of Sh2.8. The OMC margins for kerosene will increase to Sh15.09 from Sh12.36 a litre, translating to an increase of Sh2.73 a litre.
Epra on Wednesday said it planned to hike the retailers in a phased approach, and while this month's increase was of Sh2.8 per litre of petrol and diesel, it will eventually increase by over Sh7 across the three products.
Margins for fuel transporters moving products within 40 kilometres of Nairobi saw their margins go up to 86 cents per litre for the three products from 54 cents. Epra plans to push up the transporters' margin incrementally to Sh1.18 per litre.
To prevent a sudden hike in pump prices, Epra has subsidised fuel by as much as Sh10 per litre of kerosene. It applied a subsidy of Sh9.90 per litre of diesel and Sh6.92 per litre of super petrol.
Epra draws funds from the Petroleum Development Levy Fund to stabilise petroleum products. The kitty is funded by motorists who pay Sh5.40 per litre of petrol and diesel and 40 cents per litre of kerosene.