Diesel and petrol prices have gone down by Sh2 and one shilling respectively as Kerosene prices rise by Sh2.53 in the latest review by ERC.
The Energy Regulatory Commission announced on Monday on continued drop in global crude oil prices because of over-supply.
In the new prices effective this morning, a litre of Super petrol, mainly used by motorists, will retail at a maximum Sh82.28 from Sh83.20 in Mombasa , Sh85.58 from Sh86.50 in Nairobi and Sh87.55 from in Kisumu on February.
Consumers of diesel, mainly used in agricultural machinery, manufacturing and transportation, are the biggest winners in the February-March review, with the price per litre set to sell for a maximum of Sh62.46 in Mombasa down from Sh73.43.
The commodity will retail at Sh65.70 in Nairobi from Sh67.88 and Sh67.88 in Kisumu from Sh70.05.
Mandera will again pay the highest at the pump due to its distance from the port of Mombasa at Sh79.51 from Sh81.68.
ERC attributed the price drop to a fall in the average cost of imported refined petroleum products. This was a consequence of the average landed cost of imported super petrol decreasing by 4.61%.
