Pump prices are headed for a drop in the New Year following the continued easing of the global costs of crude oil promising some relief for Kenyan consumers who are coming out of the toughest year since Kenya started regulating fuel prices.
Crude oil prices – which is one of the key factors in the cost of refined fuel that Kenya imports— have dropped by over 20 percent with the fuel cargo imported last month priced at $92.45 per barrel from $117.53 in August.
