By Bonface Mulyungi
Motorists and businesses are set to enjoy significant relief after the Energy and Petroleum Regulatory Authority (EPRA) slashed the price of diesel by Sh10 per litre in its latest monthly fuel review.
In a statement released on Sunday, EPRA announced that the maximum retail price of diesel will decrease by Sh10 per litre for the period between June 15 and July 14, 2026.
The regulator also lowered the price of super petrol by Sh0.22 per litre, while kerosene prices remained unchanged.
EPRA said the government will continue cushioning consumers through the Petroleum Development Levy (PDL) Fund, utilising approximately Sh10 billion to subsidise diesel and kerosene prices during the review period.
The regulator attributed the adjustments to changes in the average landed cost of imported fuel products.
The landed cost of super petrol declined by 0.56 per cent from US$906.23 per cubic metre in April to US$901.16 in May.
However, the landed cost of diesel increased slightly by 0.21 per cent from US$1,291.98 to US$1,294.71 per cubic metre, while kerosene fell by 0.33 per cent from US$1,332.73 to US$1,328.36 per cubic metre.
EPRA noted that the new prices are inclusive of taxes and levies as provided for under existing laws and regulations.
The latest review is expected to be welcomed by transport operators, manufacturers and households, with diesel remaining a key fuel for public transport, freight movement and industrial operations.
In May, President William Ruto had announced that diesel prices would drop by a further Sh10 per litre in the June-July fuel price review, signalling fresh government intervention to cushion consumers from the effects of rising global oil prices.
Ruto said the reduction forms part of a broader strategy to stabilise fuel prices and ease pressure on households, transport operators and businesses grappling with rising production and transport costs.
The President said the government had already spent Sh15.72 billion in fuel stabilisation measures in the May-June cycle after the Iran crisis triggered turbulence in global oil markets, pushing up the cost of crude oil, freight, insurance and logistics worldwide.
“These interventions have protected millions of Kenyans from even more severe economic hardships. I have further directed that in the next pricing cycle, we are going to reduce the price of diesel by a further Sh10 to help stabilise pump prices and provide additional relief to consumers,” Ruto said.
The President said the decision was arrived at following lengthy consultations with leaders from the transport sector.
