Good news for all as pump prices fall. The margins are good if only can maintain without rising again.

Super Petrol has reduced by Sh9.21 per litre and will now sell at Sh108.46 in Nairobi, Diesel Sh97.50 (a drop of Sh8.08), Regular Petrol Sh105.76 (Sh11.70), and Kerosene Sh74.40 (Sh8.01).

http://www.businessdaily...14/-/wxwy42/-/index.html

Wow! For the first time in almost an year i load in diesel at sub 100! wohoo
And i dare say we will see NSE at 4K before month end

Next inflation figures to come in at less than 10 percent? 19 percent seems just like yesterday. Time flies. Bank rates ndio zimebaki and even that has began to give in...

Just passed by Karen Shoppibg Centre & Shell still to effect decrease.
Petrocity across the road is selling diesel at Ksh.96 & petrol at 108 while shell still has its diesel at 105.5 & petrol at 117.
Funny thing is there isnt a single car there while at Petrocity,a queue is building up

A significant drop in headline inflation, which stood at 10.05 per cent last month, is in turn expected to add
downward pressure on
interest rates, which began their own climb-down early this month with a 1.5 percentage points cut in the
benchmark Central Bank
Rate (CBR).
http://www.businessdaily.../-/1b18npz/-/index.html

next is single digit inflation. things somehow looks better but with the Iran sanctions,the effects may bite leading to the rise in crude oil prices since this is demand vs supply thing.

If the CBR begins a cutting cycle stocks will rally all through way to Dec..

The states is facing its worst drought since 1956 this will impact heavily on food prices globally and fuel prices as well...The low oil prices won't last for long.