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Kenya Economy Watch
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sparkly
#2471 Posted : Thursday, February 13, 2020 7:26:58 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
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Ericsson
#2472 Posted : Friday, February 14, 2020 6:18:36 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
sparkly wrote:
Brookside to shut down Taita Taveta factory. Things are thick in Kenya


Ata kampuni ya Rais
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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murchr
#2473 Posted : Friday, February 14, 2020 8:38:07 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
Why is the price of petrol going up yet the shilling is strong?
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
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Ericsson
#2474 Posted : Friday, February 14, 2020 8:43:37 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
murchr wrote:
Why is the price of petrol going up yet the shilling is strong?

Kenya pipeline charges went up.
International price of oil
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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murchr
#2475 Posted : Friday, February 14, 2020 9:24:03 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
Ericsson wrote:
murchr wrote:
Why is the price of petrol going up yet the shilling is strong?

Kenya pipeline charges went up.
International price of oil



International oil prices are flat. The shilling is stronger against the dollar. So back to my question, why are Kenyans being forced to pay more at the pump?
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
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Ericsson
#2476 Posted : Friday, February 14, 2020 9:30:37 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
murchr wrote:
Ericsson wrote:
murchr wrote:
Why is the price of petrol going up yet the shilling is strong?

Kenya pipeline charges went up.
International price of oil



International oil prices are flat. The shilling is stronger against the dollar. So back to my question, why are Kenyans being forced to pay more at the pump?

Oil trading is normally on futures.
The current retail prices been set are based on the international oil prices in November 2019
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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WWW
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murchr
#2477 Posted : Friday, February 14, 2020 10:59:36 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
Ericsson wrote:
murchr wrote:
Ericsson wrote:
murchr wrote:
Why is the price of petrol going up yet the shilling is strong?

Kenya pipeline charges went up.
International price of oil



International oil prices are flat. The shilling is stronger against the dollar. So back to my question, why are Kenyans being forced to pay more at the pump?

Oil trading is normally on futures.
The current retail prices been set are based on the international oil prices in November 2019


Wacha mchezo wewe, internationally prices at the pump are going down. We seem to be the ones on the inverse


"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
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  | | Edit by user: Friday, February 14, 2020 11:38 PM | Reason: Not specified
Ericsson
#2478 Posted : Saturday, February 15, 2020 4:45:59 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
murchr wrote:
Ericsson wrote:
murchr wrote:
Ericsson wrote:
murchr wrote:
Why is the price of petrol going up yet the shilling is strong?

Kenya pipeline charges went up.
International price of oil



International oil prices are flat. The shilling is stronger against the dollar. So back to my question, why are Kenyans being forced to pay more at the pump?

Oil trading is normally on futures.
The current retail prices been set are based on the international oil prices in November 2019


Wacha mchezo wewe, internationally prices at the pump are going down. We seem to be the ones on the inverse



@Murchr
Read my two statements again highlighted in blue.
Oil trading is on futures orders.The current pump prices are reflective of the price of brent crude in November.
Check the link below for the behaviour of oil prices in November 2019;
https://countryeconomy.c...erials/brent?dr=2019-11

The current international prices you are saying are going down will be reflected locally in pump prices in May 2020.
The lag is usually 90 days.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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WWW
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murchr
#2479 Posted : Saturday, February 15, 2020 5:03:42 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
Ericsson wrote:
murchr wrote:
Ericsson wrote:
murchr wrote:
Ericsson wrote:
murchr wrote:
Why is the price of petrol going up yet the shilling is strong?

Kenya pipeline charges went up.
International price of oil



International oil prices are flat. The shilling is stronger against the dollar. So back to my question, why are Kenyans being forced to pay more at the pump?

Oil trading is normally on futures.
The current retail prices been set are based on the international oil prices in November 2019


Wacha mchezo wewe, internationally prices at the pump are going down. We seem to be the ones on the inverse



@Murchr
Read my two statements again highlighted in blue.
Oil trading is on futures orders.The current pump prices are reflective of the price of brent crude in November.
Check the link below for the behaviour of oil prices in November 2019;
https://countryeconomy.c...erials/brent?dr=2019-11

The current international prices you are saying are going down will be reflected locally in pump prices in May 2020.
The lag is usually 90 days.



Nov 2019 the price of oil was lower than the previous months but you are still paying more. Another thing the shilling has been strong since then.

According to your hypothesis when will Kenyans get releaved at the pump? Keep in mind the price difference in the last year has been about $10 and the $ to kes has been about the same ranges.

Can someone else help me understand this mazematic?
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
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  |
Ericsson
#2480 Posted : Saturday, February 15, 2020 7:56:24 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
murchr wrote:
Ericsson wrote:
murchr wrote:
Ericsson wrote:
murchr wrote:
Ericsson wrote:
murchr wrote:
Why is the price of petrol going up yet the shilling is strong?

Kenya pipeline charges went up.
International price of oil



International oil prices are flat. The shilling is stronger against the dollar. So back to my question, why are Kenyans being forced to pay more at the pump?

Oil trading is normally on futures.
The current retail prices been set are based on the international oil prices in November 2019


Wacha mchezo wewe, internationally prices at the pump are going down. We seem to be the ones on the inverse



@Murchr
Read my two statements again highlighted in blue.
Oil trading is on futures orders.The current pump prices are reflective of the price of brent crude in November.
Check the link below for the behaviour of oil prices in November 2019;
https://countryeconomy.c...erials/brent?dr=2019-11

The current international prices you are saying are going down will be reflected locally in pump prices in May 2020.
The lag is usually 90 days.



Nov 2019 the price of oil was lower than the previous months but you are still paying more. Another thing the shilling has been strong since then.

According to your hypothesis when will Kenyans get releaved at the pump? Keep in mind the price difference in the last year has been about $10 and the $ to kes has been about the same ranges.

Can someone else help me understand this mazematic?

Refer to this too;
https://www.pd.co.ke/bus...-to-raise-tariff-24859/

Since January prices were lower,let's wait and see April
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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WWW
  | | Edit by user: Saturday, February 15, 2020 7:58 PM | Reason: Not specified
263 Pages«<246247248249250>»
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