Wandayi confirms diesel price cut following Ruto directive

Energy Cabinet Secretary Opiyo Wandayi has confirmed that diesel prices will be reduced by Ksh10 in the June-July review cycle as directed by President William Ruto.

Wandayi stated on June 5 that the ministry will follow presidential instructions to implement the cut. He noted that diesel prices in Nairobi will fall to Ksh222.86 per litre once applied. Ruto directed the reduction on May 22 after meeting transport stakeholders in Mombasa. The change is set to take effect in the upcoming pricing cycle to stabilise costs. Wandayi urged transport operators to lower fares in line with any fuel price drops. He also highlighted the role of the Petroleum Development Levy in shielding consumers from higher global prices amid Middle East tensions. Super petrol and kerosene prices are scheduled for announcement on June 14.

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Realistic photo of a Philippine gas station celebrating fuel price rollbacks to P23 per liter for diesel, with happy drivers amid jeepneys and price signs.
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Fuel prices roll back up to P23 per liter starting April 14 after weeks of Middle East-driven hikes

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Oil firms confirmed price rollbacks effective 6 a.m. Tuesday, April 14, matching Department of Energy projections: diesel down P20.89 to P23 per liter, gasoline P4.43 to P4.50, and kerosene P8.50. The cuts end surges of over P100 on diesel since late February's Middle East crisis. President Marcos suspended excise taxes on LPG and kerosene, while a jeepney subsidy launches.

Treasury Cabinet Secretary John Mbadi has announced plans for urgent talks with President William Ruto to address rising fuel prices. The move follows threats of a nationwide strike by transport operators starting Monday, May 18. The latest EPRA review raised petrol and diesel prices sharply for the May-June 2026 period.

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Energy Cabinet Secretary Opiyo Wandayi has claimed President William Ruto directed EPRA to keep kerosene prices unchanged despite petrol and diesel hikes. The move aims to protect low-income households. The government also introduced a Ksh6.2 billion fuel subsidy and cut VAT on fuel.

Following last week's rollbacks, diesel prices are forecast to drop another P17 to P19 per liter and gasoline P2 to P3 per liter starting April 21, potentially taking diesel below P130, as Middle East tensions ease further with a holding ceasefire.

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Energy and Petroleum Cabinet Secretary Opiyo Wandayi has ordered the Energy and Petroleum Regulatory Authority (EPRA) to exclude a 60,000-metric-tonne consignment of super petrol from monthly cost computations, as it was imported outside the government-to-government (G-to-G) framework. He directed a freeze on all related payments and instructed One Petroleum Ltd to withdraw its invoices. The move aims to protect the fuel supply chain and prevent price hikes.

South African petrol prices will rise by R3.06 per litre to R23.25 inland from midnight on 1 April, while diesel reaches a record R26.11 per litre after a R7.51 increase. The hike stems from global oil prices exceeding $100 per barrel amid the Iran war and a weakened rand. A temporary R3 per litre reduction in the fuel levy cushions the impact.

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Fuel prices in the Philippines are expected to decline again this week, though on a smaller scale, according to Department of Energy estimates. Diesel could fall by P8 to P10 per liter, gasoline by around P0.40 per liter or rise up to P1 per liter, and kerosene by P11 per liter.

 

 

 

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