Kenyans have received a fresh update on fuel prices following remarks by Treasury Cabinet Secretary John Mbadi about the government's plans to reduce the cost of petroleum products in the coming weeks.The announcement has attracted attention from motorists, public transport operators and businesses that have been struggling with the high cost of fuel.
Speaking during an interview with Ramogi FM on November 3, Mbadi explained that the government was planning to use money from the fuel stabilisation fund to help reduce pump prices during the November-December pricing period.
According to the Cabinet Secretary, the government deliberately avoided using the stabilisation fund during the October fuel price review. This was because officials expected international fuel prices to increase as European countries prepared for the winter season.Mbadi explained that increased energy demand in Europe and other Western countries could put pressure on global petroleum prices, eventually affecting Kenyan consumers.
He said the government wanted to preserve the available funds so that they could be used to protect Kenyans from possible sharp increases.The development comes after the Energy and Petroleum Regulatory Authority (EPRA) increased fuel prices in October 2026.Under the current prices, motorists in Nairobi are paying KSh226.96 per litre for super petrol, KSh227.76 for diesel and KSh219.87 for kerosene.
These prices took effect on October 15 and are expected to remain in place until November 14, 2026.The next fuel price review is expected to take effect on November 15.Mbadi explained that the stabilisation fund helps the government support oil marketers through subsidies, reducing the amount of international price increases passed on to consumers.However, the Cabinet Secretary did not reveal the exact amount by which fuel prices could decrease in the next revie
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