{
  "id": 13188138,
  "title": "Kenya fuel prices: Why crude oil surge raises risk of EPRA’s October hike",
  "url": "https://urgent.news/2026/10/09/kenya-fuel-prices-why-crude-oil-surge-raises-risk-of-epras-october",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-09T18:58:21.000Z",
  "source": {
    "name": "People Daily Kenya",
    "slug": "people-daily-kenya",
    "url": "https://peopledaily.digital/business/kenya-fuel-prices-why-crude-oil-surge-raises-risk-of-epras-october-hike"
  },
  "original_language": "en",
  "account": "Kenyan motorists may face higher petrol and diesel prices in the upcoming EPRA review on October 14, 2026, due to a recent surge in international crude oil prices. The increase in Murban crude from Ksh12,422 to Ksh13,214 per barrel, a 6.4% rise, was attributed to geopolitical tensions in the Middle East. Despite a brief dip in international oil prices following easing concerns about potential conflict involving Iran, the trend remains upward. The previous pricing period saw a 7.87% drop in imported super petrol costs but an 11.86% rise in diesel import costs, resulting in unchanged pump prices. The key question for the October review is whether the recent crude-price surge has led to higher landed costs for petroleum products. The exchange rate's slight depreciation has marginally increased the cost of imported oil in shilling terms. With Kenya's foreign-exchange reserves at 5.9 months of import cover, the risk of a fuel-price increase is plausible, though not confirmed. Diesel, in particular, has shown increased import costs, potentially putting upward pressure on prices. Ultimately, EPRA's official notice and the import-cost data will determine if a price increase is necessary.",
  "summary": "Kenyan motorists face the risk of higher petrol and diesel prices in the next review by the Energy and Petroleum Regulatory Authority (EPRA), after international crude oil prices surged during the week, raising concerns over the cost of importing fuel. The increase has strengthened the case for a possible pump-price rise when EPRA announces its […]",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}