The Energy and Petroleum Regulatory Authority (EPRA) is set to release its monthly fuel pricing review today, October 14, amid growing anxiety over rising global crude oil prices.
According to weekly tracking data from the Central Bank of Kenya (CBK), the price of Murban crude oil—the primary benchmark for Kenya’s refined petroleum imports—surged past the $100 mark, rising from USD 95.76 to USD 101.67 per barrel over a seven-day period. The 6 percent global price jump comes just as EPRA’s review window closes, putting upward pressure on domestic retail pump prices for the upcoming October 15 – November 14 cycle.
During the preceding pricing cycle (September 15 to October 14), EPRA maintained pump prices in Nairobi at KSh 214.03 per liter for Super Petrol, KSh 217.86 for Diesel, and KSh 191.38 for Kerosene.
Energy market analysts note that while the Kenyan Shilling has maintained relative stability against the US Dollar in recent weeks, the sudden uptick in landed import costs for refined petroleum products could limit EPRA’s capacity to absorb costs without revising retail caps upward or deploying stabilization funds.
The imminent price announcement holds significant weight for transport operators and manufacturers, as fuel costs remain a primary driver of overall inflation across the agricultural and industrial sectors. EPRA is expected to publish the finalized nationwide price schedule later this evening, with new rates taking effect at midnight