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June 20, 2026
2mo ago

New Report Signals Possible Fuel Price Cuts Ahead of EPRA Review

New Report Signals Possible Fuel Price Cuts Ahead of EPRA Review

Attention now shifts to EPRA and the government to determine whether the immediate relief could be passed on to consumers in line with international prices...

✨ Key Highlights

Kenyans may soon see lower fuel prices as global crude oil costs have dropped by over 12% following a ceasefire agreement involving Iran, the United States, and Israel.

  • Murban crude oil prices fell by approximately Ksh1,319 per barrel, from Ksh10,961 to Ksh9,642.
  • The Central Bank of Kenya (CBK) reported the decline in its latest weekly bulletin.
  • The reopening of the Strait of Hormuz, a critical oil shipping route, contributed to easing geopolitical tensions and fears of supply disruptions.

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Part of the Day's Coverage

EPRA Announces New Electricity Charges Amid Global Fuel Price Drop - June 2026

Kenyans will face higher electricity bills in June 2026 following new monthly adjustments announced by the Energy and Petroleum Regulatory Authority, with consumers paying an extra Ksh3.87 per unit. Kenyans may soon see lower fuel prices as global crude oil costs have dropped by over 12% following a ceasefire agreement involving Iran, the United States, and Israel. Several Nairobi estates are facing a 24-hour water shortage as the Nairobi City Water and Sewerage Company announced the disruption to carry out urgent repairs on the NCT Raw Water Pipeline.

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