03/06/2026
UPDATE: Hopes for a significant diesel price cut in the June fuel review have been dimmed after Kenya revised the formula used to calculate imported petroleum costs.
Despite global diesel prices dropping sharply to about $1,132 per tonne in May from $1,409 in April, industry players say motorists may not fully benefit from the decline because the new pricing formula could offset part of the gains.
The development comes weeks after President William Ruto directed that diesel prices be reduced by a further Sh10 per litre in the next EPRA review to ease pressure on transport operators and consumers.