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Tebes
#1 Posted : Thursday, February 14, 2013 5:47:45 PM
Rank: Elder


Joined: 11/26/2008
Posts: 2,097
Super petrol goes up by Sh1.97 per litre, kerosene up Sh2.07 and diesel by Sh2.21 per litre due to high crude oil prices.Sad
"Never regret, if its good, its wonderful. If its bad, its experience."
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Impunity
#2 Posted : Friday, February 15, 2013 4:12:54 PM
Rank: Elder


Joined: 3/2/2009
Posts: 26,330
Location: Masada
Tebes wrote:
Super petrol goes up by Sh1.97 per litre, kerosene up Sh2.07 and diesel by Sh2.21 per litre due to high crude oil prices.Sad


The price is pegged on the torrar among other things.
USD in @ 87 vis a vis 84 last time the review was made.
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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mawinder
#3 Posted : Friday, February 15, 2013 4:21:11 PM
Rank: Elder


Joined: 4/30/2008
Posts: 6,029
Impunity wrote:
Tebes wrote:
Super petrol goes up by Sh1.97 per litre, kerosene up Sh2.07 and diesel by Sh2.21 per litre due to high crude oil prices.Sad


The price is pegged on the torrar among other things.
USD in @ 87 vis a vis 84 last time the review was made.

At least I am dumping my Outback to acquire a Vitz and a Bajaj 100cc motorbike.
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iMANI
#4 Posted : Friday, February 15, 2013 5:41:03 PM
Rank: Member


Joined: 2/20/2008
Posts: 84
mawinder wrote:
Impunity wrote:
Tebes wrote:
Super petrol goes up by Sh1.97 per litre, kerosene up Sh2.07 and diesel by Sh2.21 per litre due to high crude oil prices.Sad


The price is pegged on the torrar among other things.
USD in @ 87 vis a vis 84 last time the review was made.

At least I am dumping my Outback to acquire a Vitz and a Bajaj 100cc motorbike.


@mawinder..I thought you were acquiring an S350..don't tell me this has changed to Bajaj100
Life and beer are very similar........chill for best results.
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Impunity
#5 Posted : Friday, February 15, 2013 5:47:38 PM
Rank: Elder


Joined: 3/2/2009
Posts: 26,330
Location: Masada
iMANI wrote:
mawinder wrote:
Impunity wrote:
Tebes wrote:
Super petrol goes up by Sh1.97 per litre, kerosene up Sh2.07 and diesel by Sh2.21 per litre due to high crude oil prices.Sad


The price is pegged on the torrar among other things.
USD in @ 87 vis a vis 84 last time the review was made.

At least I am dumping my Outback to acquire a Vitz and a Bajaj 100cc motorbike.


@mawinder..I thought you were acquiring an S350..don't tell me this has changed to Bajaj100


At this rate he will downgrade to Bajaj 20cc.

Laughing out loudly
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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mawinder
#6 Posted : Friday, February 15, 2013 5:51:44 PM
Rank: Elder


Joined: 4/30/2008
Posts: 6,029
iMANI wrote:
mawinder wrote:
Impunity wrote:
Tebes wrote:
Super petrol goes up by Sh1.97 per litre, kerosene up Sh2.07 and diesel by Sh2.21 per litre due to high crude oil prices.Sad


The price is pegged on the torrar among other things.
USD in @ 87 vis a vis 84 last time the review was made.

At least I am dumping my Outback to acquire a Vitz and a Bajaj 100cc motorbike.


@mawinder..I thought you were acquiring an S350..don't tell me this has changed to Bajaj100

S350 is leased to an expatriate so he fuels it and pays me and despite being the owner I have used it personally for only 12 days.Hard times indeed.
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mawinder
#7 Posted : Monday, May 20, 2013 10:58:22 AM
Rank: Elder


Joined: 4/30/2008
Posts: 6,029
I noticed that fuel prices are down.Kudos to Uhuru,Ruto and Chirchir.Keep up the good work.
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accelriskconsult
#8 Posted : Monday, May 20, 2013 11:56:14 AM
Rank: Member


Joined: 4/2/2011
Posts: 629
Location: Nai
mawinder wrote:
I noticed that fuel prices are down.Kudos to Uhuru,Ruto and Chirchir.Keep up the good work.


When did the 3 gentlemen start having an effect on world petroleum prices?

The reason oil prices went down is because China has cut its growth target for the current year hence reducing its demand for petroleum and many other commodities.

Additionally, the US has been steadily increasing its oil production and the news that it is about to exploit its huge reserves of Shale sent a signal that oil prices must come down.
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