Sunday, May 25News That Matters

Tag: EPRA

Fuel prices will not change.
Business

Fuel prices will not change.

The Energy and Petroleum Authority (Epra) has handed Kenyans a reprieve by keeping fuel prices unchanged for the next one month, easing fears of a rise in the cost of the key commodity.  Epra was expected to raise the prices of petrol, diesel and kerosene by passing on the increased cost of importing fuel to consumers following a hike in global crude oil prices.  The landed cost of importing a cubic-metre of petrol increased by 4.8 per cent to $520.04 last month from $496.1 in May, while that of diesel increased by 3.69 per cent from $461.95 to $479.01 during the same period.  However, the price a similar quantity of kerosene in the global market remained unchanged between May and June, but no single consignment for the commodity was imported into the country t...