Petrol price hits 48-months high

The price of petrol has risen to a 48-month high in the latest monthly review by the industry regulator.

A litre of petrol now retails at Sh113.73 in Nairobi, a Sh1.53 rise from last month, according to the Energy Regulatory Commission (ERC).

Diesel, used for powering commercial vehicles, farm machines and industries, retails at Sh102.74 per litre from last month’s Sh103.69.

Poor households, who depend on kerosene for lighting and cooking, will pay Sh84.95 per litre at the pump.

Source: Nairobi News



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