Fuel prices hit 40-month high in latest review
3 days ago, 15:30
Fuel prices have raced for six months consecutively, hitting a 40-month peak this month due to higher global prices that have prompted plans to set up a State-backed stabilisation fund to hedge against fluctuations. Petrol, mostly consumed by private cars, is up Sh1.62 to Sh107.92 per litre in Nairobi while diesel used to power commercial vehicles has increased the most by Sh2.14 to Sh96.96 in the city. Kerosene, mostly used by low income homes for cooking and lighting, is up Sh1.97 to Sh76.75 i ...
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