Motorists in Kenya can expect to pay more for super petrol and diesel following fuel prices adjustment by the Energy Regulatory Commission (ERC).
The ERC increased super petrol and diesel prices by Sh1.34 and Sh3.70 per litre respectively for Nairobi residents during the Commission’s monthly fuel adjustment.
The new adjustment will actually save money for households relying on kerosene with the commission reducing Kerosene prices by Sh2.03 per litre.
Standard Digital reports the new prices will be enforced by Sunday midnight.
According to the Commission, the purpose of the fuel pricing regulations is to cap pump prices of the products which are already in the country such that the importation and other prudently incurred costs are recovered while ensuring fair prices, reports Standard Digital.
Outside of Nairobi, the Commission said maximum prices in other towns have already been adjusted accordingly.