The Central Bank of Kenya (CBK) has revealed that global oil prices have increased ahead of the Energy and Petroleum Regulatory Authority (EPRA) September-October 2025 review.

In their weekly bulletin dated Friday, September 12, 2025, CBK indicated that international oil prices rose due to the conflict in the Middle East.

CBK indicated that Murban closed at Ksh8,966.91 per barrel on September 11, 2025, from Ksh8,747.22 per barrel the previous week.

A drone attack suspended loadings from the largest port in western Russia, but gains were capped by concerns about US demand.

“International oil prices rose, reflecting potential supply disruptions from the conflict in the Middle East and the war in Ukraine, even as concerns over weakening US demand and an expected oversupply from planned output increases by OPEC+ countries remain,” CBK’s bulletin read in part.

“Murban crude closed at USD 69.39 per barrel on September 11, from USD 67.69 on September 5,” the central bank added.

Nonetheless, with the shilling playing an important factor in determining fuel prices in the country, CBK indicated that the Kenyan shilling remained stable against major international and regional currencies.

As of September 11, 2025, the shilling exchanged at Ksh129.24 per US dollar.

August fuel prices

In the August-September cycle, the price of Super Petrol decreased by Ksh1 per litre, diesel prices remained unchanged, and kerosene dropped by Ksh1 per litre.

In Nairobi, Super Petrol, Diesel and Kerosene retailed at Ksh185.31, Ksh171.58 and Ksh155.58 in the last 30 days.

EPRA said the prices were inclusive of the 16 per cent Value Added Tax (VAT) in line with the provisions of the Finance Act 2023, the Tax Laws (Amendment) Act 2024 and the revised rates for excise duty adjusted for inflation as per Legal Notice No. 194 of 2020.

The average landed cost of imported Super Petrol decreased by 0.73 per cent, from US$628.30 (Ksh81,203) per cubic metre in June 2025 to US$623.71 (Ksh80,561) per cubic metre in July 2025.

EPRA is expected to announce new fuel prices for the September-October cycle on Sunday, September 14, 2025.