How late night meeting froze petrol prices hike

PETROL-PRICES

A customer attendant at Total petroleum station on Kimanthi Street, Nairobi. NMG PHOTO

The energy regulator opted to cut suppliers’ sales margin by 35 percent or Sh4.44 a litre to keep fuel prices unchanged and defuse public outrage over a monthly review that would have pushed costs to a historic high.

The Energy and Petroleum Regulatory Authority (Epra) Wednesday said petrol, diesel and kerosene prices would remain unchanged over the next month despite a rise in crude oil costs and a weakening shilling.

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