Economy
Fuel prices drop by biggest margin since October 2021
Thursday December 14 2023
A customer attendant serves a client at Rubis Energy along Koinange Street Nairobi on June 14, 2023. PHOTO | DENNIS ONSONGO | NMG
Fuel prices will, from midnight, drop by the biggest margin in over two years, of up to Sh5 per litre as consumers start enjoying reliefs from a drop in global prices of crude.
A litre of super petrol will from midnight retail at Sh212.36 in Nairobi from Sh217 while that of diesel will go for Sh201.47 from Sh203.47 in the new monthly cycle that ends on January 14, next year.
The last time pump prices dropped by an equivalent margin was in October 2021 when a litre of super petrol dropped from Sh134.72 to Sh129.72 for a litre of super petrol while that of diesel dropped from Sh115.6 to Sh110.6.
The drop mirrors the continued fall in prices of crude, offering Kenyans relief and is also expected to keep inflation, heading to the Christmas and New Year festivities.
More to follow…
