Global oil prices edged higher this week, raising concerns among Kenyan consumers ahead of the Energy and Petroleum Regulatory Authority’s (EPRA) monthly review of local fuel prices.
According to the Central Bank of Kenya’s weekly bulletin published on September 12, Murban crude rose to USD 69.39 per barrel on September 11, up from USD 67.69 the previous week.
“Murban crude closed at USD 69.39 per barrel on September 11, from USD 67.69 on September 5,” the Central Bank reported.
The 2.5% increase is being attributed to potential supply disruptions stemming from ongoing geopolitical tensions in the Middle East and the war in Ukraine.
“International oil prices rose, reflecting potential supply disruptions from the conflict in the Middle East and the war in Ukraine, even as concerns over weakening US demand and an expected oversupply from planned output increases by OPEC+ countries remain,” CBK’s bulletin read.
Also Read: KDF Responds After Mass Killing of Mourners
Kenya, which relies heavily on imported petroleum products, adjusts domestic fuel prices monthly based on global crude trends, exchange rates, and other factors.
Possible Oil Price Hike
With EPRA’s next pricing announcement due this week, many motorists are bracing for a possible hike.
Inflationary pressures also remain a concern globally. In the U.S., core inflation held steady at 3.1%, with the headline consumer price index rising 2.9% year-over-year.
The European Central Bank (ECB) kept interest rates unchanged, citing persistent inflation risks and economic uncertainty.
The Kenyan shilling remained stable at Ksh 129.24 to the U.S. dollar for the second consecutive week, offering some relief against import costs.
EPRA is expected to announce the new pump prices by mid-September.
15th August 2025 to 14th September Prices
EPRA had announced the maximum retail prices of petroleum products, which will be in force from August 15, 2025, to September 14, 2025.
Also Read: Fuel Getting Scarce in Russia as Ukraine Bombs Key Fuel Pipeline
According to a review by EPRA released on Thursday, August 14, the price of Super Petrol had decreased by Ksh 1 per litre, diesel prices remain unchanged, and kerosene has dropped by Ksh 1 per litre.
“In accordance with Section 101(y) of the Petroleum Act 2019 and Legal Notice No.192 of 2022, we have calculated the maximum wholesale and retail prices of petroleum products which will be in force from 15th August 2025 to 14th September 2025,” EPRA said.
In Nairobi, Super Petrol, Diesel, and Kerosene retailed at Ksh.185.31, Ksh.171.58 and Ksh.155.58 effective midnight for the next 30 days.
Follow our WhatsApp Channel and X Account for real-time news updates.
