{"id":31495,"date":"2021-07-14T16:26:01","date_gmt":"2021-07-14T16:26:01","guid":{"rendered":"https:\/\/www.africa-press.net\/kenya\/?p=31495"},"modified":"2021-07-14T14:01:11","modified_gmt":"2021-07-14T14:01:11","slug":"eyes-on-epra-as-petrol-prices-expected-to-hit-highest-ever-record","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/kenya\/all-news\/eyes-on-epra-as-petrol-prices-expected-to-hit-highest-ever-record","title":{"rendered":"Eyes on EPRA as Petrol Prices Expected to Hit Highest Ever Record"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong><a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a> &#8211; <a href=\"https:\/\/www.africa-press.net\/kenya\">Kenya<\/a>. <\/strong><\/span>Kenyans should brace for an increase in petrol prices to the highest ever on record after a spike in the prices of crude oil per barrel worldwide.<\/p>\n<p>A report by Business Daily on Wednesday, July 14, indicated that according to records by the Ministry of Energy, the price is expected to rise by Ksh3.<\/p>\n<p>This will result in an overall high price of Ksh130 per litre for the highly valued commodity, the highest price the country has ever seen.<\/p>\n<p>Unless the state institutes a subsidy for the commodity, the spike in price is likely to affect the economy rising the cost of living.<\/p>\n<p>In April, Kenyans had a reprieve when the Ministry offered a Ksh4.40 subsidy per litre of petrol which relatively lessened the cost of living in the Kenyan economy.<\/p>\n<p>The price of diesel, on the other hand, is expected to rise by Ksh2.50 per litre while that of kerosene is expected to go up by Ksh3.50 per litre.<\/p>\n<p>Kenyans had enjoyed subsidies of the two products for the past three months.<\/p>\n<p>The global oil market has witnessed a spike of crude oil barrel prices jump from Ksh6,394 to Ksh6,771. In the new review, the price is still expected to rise to over Ksh7,300.<\/p>\n<p>On June 14, The Energy and Petroleum Regulatory Authority (EPRA) increased petrol prices by Ksh77 cents and retained the May prices for Diesel and Kerosene.<\/p>\n<p>For the period ending July 14, fuel retails at Kshs127.14 for Petrol, Diesel at Kshs107.66 and Kerosene at Kshs97.85 in Nairobi.<\/p>\n<p>The prices were inclusive of 8 percent Value Added Tax.<\/p>\n<p>From May 15 to June 14, EPRA increased the price of Petrol by Ksh3.56 and retained the April prices for diesel and kerosene.<\/p>\n<p>Prior to the changes, the fuel prices had remained unchanged from March 14 to May 14, where petrol retailed at Kshs.122.81, Diesel at Kshs.107.66 and Kerosene at Kshs.97.85 in Nairobi.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Kenya. Kenyans should brace for an increase in petrol prices to the highest ever on record after a spike in the prices of crude oil per barrel worldwide. A report by Business Daily on Wednesday, July 14, indicated that according to records by the Ministry of Energy, the price is expected to rise [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":31494,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,8,16],"tags":[6857,7003,544],"class_list":["post-31495","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-homepage-english","category-twitter","tag-africa-press","tag-africa-press-kenya","tag-kenya"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Eyes on EPRA as Petrol Prices Expected to Hit Highest Ever Record - kenya<\/title>\n<meta name=\"description\" content=\"Kenyans should brace for an increase in petrol prices to the highest ever on record after a spike in the prices of crude ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/kenya\/all-news\/eyes-on-epra-as-petrol-prices-expected-to-hit-highest-ever-record\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Eyes on EPRA as Petrol Prices Expected to Hit Highest Ever Record\" \/>\n<meta property=\"og:description\" content=\"Kenyans should brace for an increase in petrol prices to the highest ever on record after a spike in the prices of crude ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/kenya\/all-news\/eyes-on-epra-as-petrol-prices-expected-to-hit-highest-ever-record\" \/>\n<meta property=\"og:site_name\" content=\"kenya\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2021-07-14T16:26:01+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/kenya\/sites\/28\/2021\/07\/img-60eeee11ba3f5.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"720\" \/>\n\t<meta property=\"og:image:height\" content=\"360\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/eyes-on-epra-as-petrol-prices-expected-to-hit-highest-ever-record#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/eyes-on-epra-as-petrol-prices-expected-to-hit-highest-ever-record\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Eyes on EPRA as Petrol Prices Expected to Hit Highest Ever Record\",\"datePublished\":\"2021-07-14T16:26:01+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/eyes-on-epra-as-petrol-prices-expected-to-hit-highest-ever-record\"},\"wordCount\":321,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/eyes-on-epra-as-petrol-prices-expected-to-hit-highest-ever-record#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/kenya\/sites\/28\/2021\/07\/img-60eeee11ba3f5.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Kenya\",\"Kenya\"],\"articleSection\":[\"all news\",\"economy\",\"homepage-english\",\"twitter\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/kenya\/all-news\/eyes-on-epra-as-petrol-prices-expected-to-hit-highest-ever-record#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/eyes-on-epra-as-petrol-prices-expected-to-hit-highest-ever-record\",\"url\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/eyes-on-epra-as-petrol-prices-expected-to-hit-highest-ever-record\",\"name\":\"Eyes on EPRA as Petrol Prices Expected to Hit Highest Ever Record - 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