NAIROBI (Xinhua) --
Kenya’s energy industry regulator on
Sunday increased retail pump prices for diesel, super petrol and
kerosene by different price margins in the latest review for
January to mid-February.
The Energy Regulatory
Commission said the prices of super petrol per litre will rise
to 1.06 U.S. dollars, diesel to 0.95 dollars and to 0.75 dollars
for kerosene, mainly used by poor homes for lighting and
ERC Acting Director-General Robert Pavel Oimeke attributed
the rise to upward adjustment in this month’s pump prices to an
increase in landed costs during the period of cargo importation.
The Free On Board price of Murban crude oil lifted in
December 2017 was posted 64.85 dollars per barrel, an increase
of 1.89 percent from 63.65 dollars per barrel in November.
The new prices will mainly hurt motorists who depend on
petrol and diesel for transport and low income earners who
heavily rely on kerosene for cooking.