Why consumers expect Epra to slash fuel prices

Fuel station

Vehicles line up to fuel at a petrol station in Nairobi on July 1, 2023. 

Photo credit: Francis Nderitu | Nation Media Group

A drop in global prices to a six-month low has turned the spotlight on the Energy and Petroleum Regulatory Authority (Epra) amid hopes of cost relief for consumers early next year.

Murban crude prices—the benchmark used by the Epra for its monthly pricing cycles—on Thursday remained at $69.6(Sh10,676.28), their lowest since July despite gaining some slight ground from the previous day.

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