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ERC fuel prices for September 14 to October 14
Rank: Elder Joined: 12/4/2009 Posts: 10,778 Location: NAIROBI
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Latest info on the subject Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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Let's expect a drop. Brent did a lot of 105s last month down from the 120s. Let's see. The KES was 92-94. Fairly stable.
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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Cde Monomotapa wrote:Let's expect a drop. Brent did a lot of 105s last month down from the 120s. Let's see. The KES was 92-94. Fairly stable. NB: Brent crude is used to price what we use here, being Murban Crude where we get a discount at times.
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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But there has been a HUGE disparity of late, I think due to Libya, between WTI (Nymex) and Brent Crude of about $20 from the normal $2-4 spread btwn the two. Thus, a speedy resumption of production in Libya should have us enjoy much lower prices. (WTI @ $88-90 currently)
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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Cde Monomotapa wrote:But there has been a HUGE disparity of late, I think due to Libya, between WTI (Nymex) and Brent Crude of about $20 from the normal $2-4 spread btwn the two. Thus, a speedy resumption of production in Libya should have us enjoy much lower prices. (WTI @ $88-90 currently) In default and a more dependable outcome is a full blown Western recession next year and oil could stall @ $60 for a fairly extended period 
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Rank: New-farer Joined: 3/16/2011 Posts: 19 Location: kenya
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the verdict is out...super id up by 53 cents to 117.75, diesel is now 108.17 and regular is 116.68. kero is 88.29
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Rank: Elder Joined: 12/4/2009 Posts: 10,778 Location: NAIROBI
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weka link Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: New-farer Joined: 3/16/2011 Posts: 19 Location: kenya
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by the way,is it me or did KK not send their usual price prediction this time round? so was the rumored ban by ministry of energy real?
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Rank: New-farer Joined: 3/16/2011 Posts: 19 Location: kenya
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give me your email i can send you the full report
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Rank: Veteran Joined: 12/9/2010 Posts: 894 Location: Nairobi
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too bad, i was expecting some sort of price decrease. Don't wait for the Last Judgment. It happens every day. ~Albert Camus, The Fall, 1956
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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Aluta continua
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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ammywanja wrote:by the way,is it me or did KK not send their usual price prediction this time round? so was the rumored ban by ministry of energy real? The ban was real.
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ERC fuel prices for September 14 to October 14
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