Motorists across the country will fork more than Sh120 per litre to fill their vehicle with petrol with the commodity seeing a steep Sh7.63 jump in costs.
Diesel and kerosene prices have also surged by Sh5.75 and Sh5.41 a litre in the latest maximum pump prices review by the Energy and Petroleum Regulatory Authority (EPRA).
The month on month increase in the cost of all three petroleum products is largely attributable to a rise in international prices as oil demand continues to recover from depths of depression last year.
For instance, the landed cost of imported petrol surged by 14.97 per cent in the past month while diesel and kerosene import costs rose by 12.29 and 13.26 per cent respectively.
A litre of petrol will now retail in Nairobi at Ksh.122.81 while diesel and kerosene will retail at Sh7.66 and Ksh.97.85 per litre respectively.
The cost of petrol will now sit at more than Sh.120 per litre across the country with Mombasa which pays the lowest for the commodity parting with Sh120.41.
The rise in international fuel prices has been mirrored in crude charts, with Murban- the crude component from which Kenya imports its petroleum products peaking at Sh.7555.03 ($68.87) last month.
