If you've been watching how much you spend on fuel lately, you might have noticed some changes. The Energy, Petroleum, and Regulatory Authority (EPRA) just announced that petrol, diesel, and kerosene prices are dropping a bit. That’s good news for drivers and households alike.
Specifically, petrol prices have gone down by Sh1, diesel by Sh1.2, and kerosene by Sh1.3. Even though the cost of bringing these fuels to the market had some ups and downs, EPRA decided to make these cuts effective right away. This move can help reduce costs not only for people filling up their cars but also for businesses relying heavily on fuel.
Lower fuel prices usually mean more money in your pocket. If you drive daily or run a business that uses a lot of fuel, these price drops can slightly ease your budget. It might not be a huge change overnight, but over time, it adds up.
This price adjustment also reflects the current economic conditions and helps control inflation. Since fuel costs affect transportation and goods prices, a decrease here can slow down the rise in living costs.
Changes like these don’t happen in isolation. They show how the government and regulatory bodies respond to market shifts. Keeping an eye on such updates lets you plan better whether you’re managing a household budget or running a small business.
Want to stay ahead? Keep checking the latest economic news to see how these developments might affect your community and daily life. Apple Tree Daily News is here to bring you these updates as soon as they happen.
The Energy, Petroleum, and Regulatory Authority (EPRA) has announced a decrease in fuel prices that will be implemented immediately. Motorists, firms, and households can expect a reduction of Sh1 for petrol, Sh1.2 for diesel, and Sh1.3 for kerosene, despite varied changes in the landed costs of these fuels.
Read More