The recent strong performance of the shilling against the dollar has led to a reduction in pump prices by up to Sh10 per litre, despite a global increase in murban crude prices.
The energy regulator attributed this decrease to an exchange rate of 133.54 to the dollar, compared to last month’s 148.02 units.
This comes inspite of rise of crude prices to $79 per barrel from last month’s $77.68.
In Nairobi, super petrol now costs Sh193.84 per litre, down from Sh199.15, while diesel decreased to Sh180.38 from Sh190.38.
Kerosene also saw a significant drop to Sh170.06 per litre, a decrease of Sh18.68, providing consumers with relief and potentially reducing inflation.