The Energy Regulatory Commission on Saturday announced increased fuel prices for petrol, diesel and kerosene
Petrol will retail at Shs87.18, diesel at Sh 73.48 and kerosene at Sh49.82 in Kisii from the previous cost where petrol, diesel and kerosene retailed at Sh83.66 Sh.69.35 and sh46.81 respectively.
In statement, ERC said that the increase in prices is due to the rise in the price of crude oil in the international market that had been rising from a low of Sh2,900 per barrel early this year to the current Sh4,700 per barrel, which led to an increase in the cost of refined products from late January 2016 for diesel and kerosene, and mid-February 2016 for super petrol.
“As the products take time to reach the local market, the impact of this change will begin to affect the local retail prices from this month,” said the statement.
The prices are to be until next month when the ERC will announce other prices for the commodities.