Fuel prices drop below Sh200 on strong shilling hands

A pump attendant at the Rubis petrol station along Koinange Street, Nairobi, fuels a vehicle.

Photo credit: File | Nation Media Group

The strengthening of the shilling against the US dollar last month has triggered the biggest drop in fuel prices in four years that will see consumers pay less than Sh200 for a litre starting today despite the higher landed cost.

This follows the latest monthly review by the energy sector regulator that marked the fifth consecutive reduction in the final cost of the commodities.

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Note: The results are not exact but very close to the actual.