EPRA August review: Will fuel prices fall, rise or remain unchanged?
Kenyans are waiting for the Energy and Petroleum Regulatory Authority (EPRA) to announce the new fuel prices for the August 15 to September 14, 2026, pricing cycle, with global oil markets offering mixed signals on what motorists should expect at the pump. The current pricing cycle, which expires on Friday, August 14, has seen the […]
Kenyan motorists are eagerly awaiting the upcoming announcement of fuel prices by the Energy and Petroleum Regulatory Authority (EPRA) for the upcoming August 15 to September 14, 2026, pricing cycle. The current fuel prices are for the July 15-August 14 cycle and will remain in effect until the new prices are announced. The outgoing prices for Nairobi are Ksh214.03 per litre for super petrol, Ksh222.86 for diesel and Ksh191.38 for kerosene, inclusive of VAT.
EPRA has maintained these prices after the government took measures to cushion consumers against international petroleum market volatility.
One of the main arguments for reducing Kenya's fuel prices is the recent decline in international crude oil prices. The global benchmark, Brent crude, fell by over two percent to around $87.07 per barrel on August 13 due to weaker global demand and increased US crude inventories. However, diesel prices are particularly important because they are heavily used in various sectors such as transport, manufacturing, agriculture, and logistics.
The EPRA formula considers several factors including landed costs of imported petroleum products, exchange rates, taxes, levies, margins, and other regulated costs. A stable shilling against the US dollar is a positive sign for lower fuel prices as it reduces the additional pressure on consumers. The recent fall in Brent crude prices creates potential downward pressure, but the effect may be moderated by other factors such as landed costs, taxes, and levies.
Geopolitical uncertainties in the Middle East could also impact fuel prices, as any major disruptions could lead to volatility in the global oil market. EPRA's decision will ultimately depend on how much of the recent global oil price decline will be reflected in Kenya's landed petroleum costs and ultimately passed on to consumers.
While a significant increase in fuel prices seems unlikely, a modest reduction or price stability remains a strong possibility.
Written by urgent.news from People Daily Kenya's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.