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.
