Fuel prices will remain unchanged for the next month.
This is according to a statement by the Energy and Petroleum Regulatory Authority (EPRA) on Wednesday.
The price of Super Petrol will remain at Sh177.30, Diesel will sell at Sh162 and Kerosene at Sh145.94 per litre.
"EPRA has calculated the maximum retail prices of petroleum products which will be in force from December 15, 2022, to January 14, 2023," EPRA said.
"In the period under review, the maximum allowed petroleum pump prices for super petrol, diesel and kerosene remain unchanged."
The Authority said the prices are inclusive of the 8 per cent VAT in line with the provisions of the Finance Act 2018, the Tax Laws Act 2020 and the revised rates for excise duty adjusted for inflation as per Legal Notice No 194 of 2020.
It said the price of diesel has been cross-subsidized with that of super petrol.
Cross subsidization means the government has charged one commodity higher to artificially lower the price of the other.
A subsidy of Sh25.07 per litre has been maintained for kerosene, with an aim to cushion the public from the otherwise high prices.
"The government will utilise the Petroleum Development Levy to compensate oil marketing for the difference in cost," EPRA added.
The review comes a month after the EPRA announced a marginal drop of Sh1 in fuel prices, on November 14.
