- Diesel is retailing at Sh203.47, while a litre of kerosene retails at Sh203.06.
- Raila made the demands during a thanksgiving ceremony in Kajiado County.
Image: Raila Odinga/X
Azimio La Umoja - One Kenya Coalition Leader Raila Odinga has demanded the reduction of fuel prices by Sh48 or Sh50.
Raila has said the call for the reduction is in line with the decrease in prices of petroleum products in the world market.
"Azimio la Umoja Coalition demands that local prices should be reduced by Sh48 or Sh50," he said.
"We have information that global prices have gone down."
The opposition chief added that the November 15 fuel prices announced by the Energy and Petroleum Regulatory Authority (EPRA) have skyrocketed the cost of living as the rates are too high.
"Even if EPRA reduces the fuel prices by Sh5 or Sh10, it will not be sufficient for the common Kenyan as the current oil market prices say otherwise."
Raila made the demands during a thanksgiving ceremony in Kajiado County.
In the one-month review, shared by EPRA as of November 15, the price of super petrol remained unchanged at Sh217.36 per litre in Nairobi while diesel and kerosene dropped by Sh2.
Diesel is retailing at Sh203.47, while a litre of kerosene retails at Sh203.06.
Director General Daniel Kiptoo noted that consumers will not bear the burden despite the average landed cost of imported super petrol having increased by 2.81 per cent per cubic metre in October, diesel by 3.28 per cent and kerosene by 6.31 per cent.
"In order to cushion consumers from the spike in pump prices as a consequence of the landed costs, the government has opted to stabilise pump prices for the November-December 2023 pricing cycle. The National Treasury has identified resources within the current resource envelope to compensate oil marketing companies," he said.
The Central Bank of Kenya had announced the drop in fuel prices worldwide, attributing it to the drop in demand for oil in the United States of America and China.
"Murban oil price declined to USD 75.18 (Ksh11,641) per barrel on December 7 from USD 85.51 (13,240) per barrel on November 30."
Currently, crude oil is trading at a low of $69 per barrel.
Kenyans now await another one-month fuel prices review on December 15.