Kenya’s Energy and Petroleum Regulatory Authority (EPRA) has released its latest monthly review of maximum retail fuel prices, showing a largely stable outlook at the pump despite ongoing global market pressure and recent tax adjustments.
In the current pricing cycle, super petrol remains at about Sh178.28 per litre in Nairobi, while diesel is priced at around Sh166.54 per litre and kerosene at approximately Sh152.78 per litre, indicating no significant change from the previous month’s review.
EPRA attributes the stability in prices to a balance between international crude oil movements and fluctuations in the landed cost of imported petroleum products, which have shown mixed trends over the review period.
The regulator notes that global oil markets remain volatile, with supply-side uncertainties and geopolitical tensions continuing to influence benchmark crude prices used in calculating import costs.
Kenya’s fuel pricing system remains tied to a monthly review mechanism that factors in landed cost of fuel, taxes, distribution margins, and exchange rate movements, meaning even small shifts in any component can affect retail pump prices.
A recent government tax adjustment lowering Value Added Tax on petroleum products has been introduced as a cushioning measure to ease pressure on consumers, although its impact has been moderated by rising import costs.
The country continues to rely entirely on imported refined petroleum products, primarily sourced through government-to-government supply arrangements from the Middle East, making local prices highly sensitive to international market changes.
Analysts observe that while retail prices appear stable, underlying costs remain elevated, suggesting continued pressure on future pricing cycles depending on global crude oil trends and currency performance.
EPRA is expected to conduct its next monthly price review in mid-May, which will reflect any new developments in global oil markets, shipping costs, and domestic fiscal adjustments.
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FELIX MAKONA
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