The Energy and Petroleum Regulatory Authority (EPRA) on Tuesday announced the new fuel prices to take effect from midnight to June 14.

In the recent review, Petrol prices reduced by Ksh1.00 to retail at Ksh192.84; Diesel by Ksh1.20 to retail at Ksh179.18 while the price of Kerosene reduced by Ksh1.30 to retail at Ksh168.76.

"The prices are inclusive of the 16% Value Added Tax (VAT) in line with the provisions of the Finance Act 2023, the Tax Laws (Amendment) Act 2020 and the revised rates for excise duty adjusted for inflation as per Legal Notice No. 194 of 2020," EPRA announced.

In the review, EPRA revealed that the landed cost of Super Petrol increased by 3.82 per cent between March and April while the landing cost of Diesel decreased by 0.46 per cent.

Meanwhile, the landing cost of Kerosene reduced by 0.050 per cent during that period. 

EPRA Director General Daniel Kiptoo assured Kenyans that the Authority was committed to observing fair competition and protection of the interests of both consumers and investors in the Energy and Petroleum sectors.