Business InsiderHow global instability is affecting the cost of fuel
After the start of the war, the price of fuel in Kenya rose, on average, 7.6% every month. By mid-2025 , prices were at a 12-year high, before the increases slowed somewhat towards the end of the
Standard Group Plc HQ Office, The Standard Group Center,Mombasa Road. P.O Box 30080-00100,Nairobi, Kenya. Telephone number: 0203222111,
Author: Brian NgugiThe StarWhy Kenya-Uganda oil row is causing regional jitters The Star
But Kenya's oil marketing companies have pointed the finger of blame for the recent high prices at the Kenyan government. In the past, a tendering process by the various Kenyan
Causes of high fuel prices in Kenya. First is the International Cost of fuel products, because Kenya does not produce its own oil, nor do we refine it. The other factor affecting the cost is the Exchange Rate between the
MSNEPRA signals increase in fuel prices in Kenya in February, cites
, to February 14, 2025 .
This follows a drop in the price of Murban, which has been on a decline in weeks since December 2025 . According to the Weekly statistical bulletin by the Central Bank of Kenya
The ExchangeGlobal oil prices pile pressure on Kenya's economy
Global oil prices which have been on an upward trend since January are putting pressure on Kenya's economy, as the country's population continues to dig deeper into their
An investigation by the Comesa Competition Commission into doubling of vegetable oil prices from the start of 2021 to mid-2022 found that manufacturers in Kenya continued to increase the cost of the staple
Trade Openness and Crude Oil Price Effects on
Oil price controls in Kenya were introduced to ensure oil price stability but as demonstrated by public outcry each month after oil price reviews, price regulation has failed to achieve one of its key goals of stabilizing prices of oil
Follow today's crude oil price moves and key news stories driving oil price actions, as well as developments in the broader energy sector.
Oil Retail Pricing and Price Controls: A Case of Oil
The study sought to determine the effect of international crude oil prices and the US dollar-Kenya shilling exchange rate on the average monthly retail prices of four oil products (Super, Diesel,
Rwanda's economy could be braced for tough times as fuel prices not far away in Kenya rise to a 12-month high according to statistics from Rwanda's economy could be in for tough times as fuel
The ConversationKenya's fuel crisis: how the country's subsidy system works
The government implemented a maximum price cap in 2011. It did this because marketers had raised the price of fuel in response to increases in international crude oil prices
The new pump prices in Nairobi are KSh 174.63 for super petrol, KSh 164.86 for diesel, and KSh 148.99 for kerosene; EPRA attributed the fuel price adjustments to a drop in
Capital NewsOil prices plunge on China lockdowns, stocks diverge
London (AFP), Mar 15 Oil prices plunged on Tuesday as major crude consumer China placed nearly 30 million people under Covid lockdown and traders tracked the latest developments in
The sharp increase in world oil prices from 2002 to 2008 has significantly impacted inflation in Kenya. This study employs a Phillips curve framework to assess the oil price pass-through effects,
- What are the changes in petroleum prices in Kenya?
- The Kenyan government has announced new maximum retail fuel costs for the period from January 15th, 2022, to February 14th, 2023. These prices incorporate an 8% VAT and have been adjusted for inflation as per Legal Notice No 194 of 2020.
- What happened to fuel prices in Kenya after WW2?
- After the start of the war, the price of fuel in Kenya rose, on average, 7.6% every month. By mid-2023, prices were at a 12-year high, before the increases slowed somewhat towards the end of the year and at the beginning of 2024.
- How does a rising fuel import bill affect Kenya's economy?
- For Kenyans, a rising import bill for commodities, including fuel, is having an economy-wide impact: the Central Bank recently increased interest rates to 12.5% to cope with inflation, which is now running at almost 7%, as well as increasing taxation in the wake of an almost $1 billion assistance deal agreed with the IMF in November 2023.
