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Oil prices.. how low can go?
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maina20
#1 Posted : Monday, January 18, 2016 11:21:19 AM
Rank: Member


Joined: 7/21/2010
Posts: 249
Location: nairobi
Oil price falls below $28 a barrel as Iran sanctions lifted http://www.bbc.com/news/business-35340893
..desire to succeed is always fighting with fear of failure..
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enyands
#2 Posted : Monday, January 18, 2016 1:05:44 PM
Rank: Elder


Joined: 12/25/2014
Posts: 2,300
Location: kenya
[quote=maina20] Oil price falls below $28 a barrel as Iran sanctions lifted http://www.bbc.com/news/business-35340893[/quote]


Wanjiku atafaidika aje
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newfarer
#3 Posted : Monday, January 18, 2016 1:27:50 PM
Rank: Elder


Joined: 3/19/2010
Posts: 3,504
Location: Uganda
Seems it will soon buy one barrel get one free.
punda amecheka
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VituVingiSana
#4 Posted : Monday, January 18, 2016 1:30:43 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,121
Location: Nairobi
enyands wrote:
[quote=maina20] Oil price falls below $28 a barrel as Iran sanctions lifted http://www.bbc.com/news/business-35340893[/quote]


Wanjiku atafaidika aje

Lower prices. Even if it is 2% lower month-on-month. That is a 2% savings on each fill-up.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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enyands
#5 Posted : Monday, January 18, 2016 2:24:42 PM
Rank: Elder


Joined: 12/25/2014
Posts: 2,300
Location: kenya
VituVingiSana wrote:
enyands wrote:
[quote=maina20] Oil price falls below $28 a barrel as Iran sanctions lifted http://www.bbc.com/news/business-35340893[/quote]


Wanjiku atafaidika aje

Lower prices. Even if it is 2% lower month-on-month. That is a 2% savings on each fill-up.



Ni sawa tu .you guys of kk will get rich tifident of 20%+ na mimi mafuta taa gets cheaper by 2%- .Isorait. mnyonge Hana chake Sad
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VituVingiSana
#6 Posted : Monday, January 18, 2016 3:14:06 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,121
Location: Nairobi
enyands wrote:
VituVingiSana wrote:
enyands wrote:
[quote=maina20] Oil price falls below $28 a barrel as Iran sanctions lifted http://www.bbc.com/news/business-35340893[/quote]


Wanjiku atafaidika aje

Lower prices. Even if it is 2% lower month-on-month. That is a 2% savings on each fill-up.



Ni sawa tu .you guys of kk will get rich tifident of 20%+ na mimi mafuta taa gets cheaper by 2%- .Isorait. mnyonge Hana chake Sad

Stop crying and buy KK shares.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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enyands
#7 Posted : Monday, January 18, 2016 4:48:44 PM
Rank: Elder


Joined: 12/25/2014
Posts: 2,300
Location: kenya
VituVingiSana wrote:
enyands wrote:
VituVingiSana wrote:
enyands wrote:
[quote=maina20] Oil price falls below $28 a barrel as Iran sanctions lifted http://www.bbc.com/news/business-35340893[/quote]


Wanjiku atafaidika aje

Lower prices. Even if it is 2% lower month-on-month. That is a 2% savings on each fill-up.



Ni sawa tu .you guys of kk will get rich tifident of 20%+ na mimi mafuta taa gets cheaper by 2%- .Isorait. mnyonge Hana chake Sad

Stop crying and buy KK shares.



Loan me. Applause
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VituVingiSana
#8 Posted : Monday, January 18, 2016 5:36:15 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,121
Location: Nairobi
enyands wrote:
VituVingiSana wrote:
enyands wrote:
VituVingiSana wrote:
enyands wrote:
[quote=maina20] Oil price falls below $28 a barrel as Iran sanctions lifted http://www.bbc.com/news/business-35340893[/quote]


Wanjiku atafaidika aje

Lower prices. Even if it is 2% lower month-on-month. That is a 2% savings on each fill-up.



Ni sawa tu .you guys of kk will get rich tifident of 20%+ na mimi mafuta taa gets cheaper by 2%- .Isorait. mnyonge Hana chake Sad

Stop crying and buy KK shares.



Loan me. Applause

Go to Equity Bank.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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enyands
#9 Posted : Monday, January 18, 2016 5:56:58 PM
Rank: Elder


Joined: 12/25/2014
Posts: 2,300
Location: kenya
VituVingiSana wrote:
enyands wrote:
VituVingiSana wrote:
enyands wrote:
VituVingiSana wrote:
enyands wrote:
[quote=maina20] Oil price falls below $28 a barrel as Iran sanctions lifted http://www.bbc.com/news/business-35340893[/quote]


Wanjiku atafaidika aje

Lower prices. Even if it is 2% lower month-on-month. That is a 2% savings on each fill-up.



Ni sawa tu .you guys of kk will get rich tifident of 20%+ na mimi mafuta taa gets cheaper by 2%- .Isorait. mnyonge Hana chake Sad

Stop crying and buy KK shares.



Loan me. Applause

Go to Equity Bank.

Sitaki loan ya equity na sitaki kk .just keep it and let me keep my kcb and coop shares
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VituVingiSana
#10 Posted : Monday, January 18, 2016 7:34:50 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,121
Location: Nairobi
enyands wrote:
VituVingiSana wrote:
enyands wrote:
VituVingiSana wrote:
enyands wrote:
VituVingiSana wrote:
enyands wrote:
[quote=maina20] Oil price falls below $28 a barrel as Iran sanctions lifted http://www.bbc.com/news/business-35340893[/quote]


Wanjiku atafaidika aje

Lower prices. Even if it is 2% lower month-on-month. That is a 2% savings on each fill-up.



Ni sawa tu .you guys of kk will get rich tifident of 20%+ na mimi mafuta taa gets cheaper by 2%- .Isorait. mnyonge Hana chake Sad

Stop crying and buy KK shares.



Loan me. Applause

Go to Equity Bank.

Sitaki loan ya equity na sitaki kk .just keep it and let me keep my kcb and coop shares
Then don't ask for a loan.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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enyands
#11 Posted : Monday, January 18, 2016 7:49:22 PM
Rank: Elder


Joined: 12/25/2014
Posts: 2,300
Location: kenya
VituVingiSana wrote:
enyands wrote:
VituVingiSana wrote:
enyands wrote:
VituVingiSana wrote:
enyands wrote:
VituVingiSana wrote:
enyands wrote:
[quote=maina20] Oil price falls below $28 a barrel as Iran sanctions lifted http://www.bbc.com/news/business-35340893[/quote]


Wanjiku atafaidika aje

Lower prices. Even if it is 2% lower month-on-month. That is a 2% savings on each fill-up.



Ni sawa tu .you guys of kk will get rich tifident of 20%+ na mimi mafuta taa gets cheaper by 2%- .Isorait. mnyonge Hana chake Sad

Stop crying and buy KK shares.



Loan me. Applause

Go to Equity Bank.

Sitaki loan ya equity na sitaki kk .just keep it and let me keep my kcb and coop shares
Then don't ask for a loan.


Then don't tell me to buy kk
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VituVingiSana
#12 Posted : Monday, January 18, 2016 9:14:28 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,121
Location: Nairobi
enyands wrote:
VituVingiSana wrote:
enyands wrote:
VituVingiSana wrote:
enyands wrote:
VituVingiSana wrote:
enyands wrote:
VituVingiSana wrote:
enyands wrote:
[quote=maina20] Oil price falls below $28 a barrel as Iran sanctions lifted http://www.bbc.com/news/business-35340893[/quote]


Wanjiku atafaidika aje

Lower prices. Even if it is 2% lower month-on-month. That is a 2% savings on each fill-up.



Ni sawa tu .you guys of kk will get rich tifident of 20%+ na mimi mafuta taa gets cheaper by 2%- .Isorait. mnyonge Hana chake Sad

Stop crying and buy KK shares.



Loan me. Applause

Go to Equity Bank.

Sitaki loan ya equity na sitaki kk .just keep it and let me keep my kcb and coop shares
Then don't ask for a loan.


Then don't tell me to buy kk

Then do not ask silly questions.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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enyands
#13 Posted : Monday, January 18, 2016 9:22:19 PM
Rank: Elder


Joined: 12/25/2014
Posts: 2,300
Location: kenya
VituVingiSana wrote:
enyands wrote:
VituVingiSana wrote:
enyands wrote:
VituVingiSana wrote:
enyands wrote:
VituVingiSana wrote:
enyands wrote:
VituVingiSana wrote:
enyands wrote:
[quote=maina20] Oil price falls below $28 a barrel as Iran sanctions lifted http://www.bbc.com/news/business-35340893[/quote]


Wanjiku atafaidika aje

Lower prices. Even if it is 2% lower month-on-month. That is a 2% savings on each fill-up.



Ni sawa tu .you guys of kk will get rich tifident of 20%+ na mimi mafuta taa gets cheaper by 2%- .Isorait. mnyonge Hana chake Sad

Stop crying and buy KK shares.



Loan me. Applause

Go to Equity Bank.

Sitaki loan ya equity na sitaki kk .just keep it and let me keep my kcb and coop shares
Then don't ask for a loan.


Then don't tell me to buy kk

Then do not ask silly questions.


He he .can't stop laughing sir.ok will stop my silly questions.you are the smartest of them all professor .
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Afroblk
#14 Posted : Thursday, February 11, 2016 11:38:16 AM
Rank: New-farer


Joined: 3/3/2010
Posts: 79
8 reasons why oil prices will keep falling, and falling, and falling.
1. Chinese economic slowdown thus driving demand down
2. Increased US production, more drilling rigs being setup weekly
3. US budget compromise led to lifting a ban on oil exports
4. Iran oil soon to hit market as part of the nuclear deal
5. OPEC declined to cut production to maintain market share
6. Surge in Iraqi oil to the global market
7. Paris climate deal reduces use of thermal fuels
8. El-nino warmed up the globe reducing need for heating oil during winter
9. A million other reasons
Knowledge is contagious...Infect truth!
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VituVingiSana
#15 Posted : Thursday, February 11, 2016 3:21:18 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,121
Location: Nairobi
Afroblk wrote:
8 reasons why oil prices will keep falling, and falling, and falling.
1. Chinese economic slowdown thus driving demand down
2. Increased US production, more drilling rigs being setup weekly Really? Source of info?
3. US budget compromise led to lifting a ban on oil exports
4. Iran oil soon to hit market as part of the nuclear deal
5. OPEC declined to cut production to maintain market share
6. Surge in Iraqi oil to the global market
7. Paris climate deal reduces use of thermal fuels
8. El-nino warmed up the globe reducing need for heating oil during winter
9. A million other reasons

I am rooting for low oil prices! KK likes cheap oil.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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murchr
#16 Posted : Thursday, February 11, 2016 3:30:55 PM
Rank: Elder


Joined: 2/26/2012
Posts: 15,980
VituVingiSana wrote:
Afroblk wrote:
8 reasons why oil prices will keep falling, and falling, and falling.
1. Chinese economic slowdown thus driving demand down
2. Increased US production, more drilling rigs being setup weekly Really? Source of info?
3. US budget compromise led to lifting a ban on oil exports
4. Iran oil soon to hit market as part of the nuclear deal
5. OPEC declined to cut production to maintain market share
6. Surge in Iraqi oil to the global market
7. Paris climate deal reduces use of thermal fuels
8. El-nino warmed up the globe reducing need for heating oil during winter
9. A million other reasons

I am rooting for low oil prices! KK likes cheap oil.


On number two...yes VVS too much drilling in US but its now damn expensive.

Afroblk wrote:
3. US budget compromise led to lifting a ban on oil exports
I don't think that happened, they were still debating before mwarabu increased production

4 & 6 = Same

Highlighted in red.....very true.

"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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