Kenyans Live

Why are falling fuel import costs not lowering pump prices

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When the cost of importing fuel goes down, you would expect prices at the pump to follow. But that is not always what happens here in the country. An analysis of fuel prices over the last few months reveals how the government has, at times, withheld relief at the pump and instead redirected the money to subsidise other petroleum products like jet fuel. And while consumers grapple with higher fuel prices, the margins earned by oil marketing companies have been going up. So, beyond international oil prices, what else is keeping fuel prices up at the pump? Here is Jasmine Wambui with the story.

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