Low petrol prices

[Mwalimu-G]

Fuel prices have been reducing since April.KENYA
Reprieve For Motorists As Diesel And Petrol Prices Slashed Drastically

By
CAPITAL REPORTER
Published
2 hours ago




https://www.capitalfm.co.ke/news/20...nd-petrol-prices-slashed-drastically/#respond
NAIROBI, Kenya May 14 – The cost of diesel and petrol went down drastically Thursday in new prices set by the Energy and Petroleum Regulatory Authority (EPRA).
Diesel users are the biggest beneficiaries after the Authority slashed the commodity’s price by Sh19.19 per liter, to retail at Sh78.37.
Kerosene users will however have to add an extra Sh2.49 on a liter to buy at Sh79.69.
The new prices take effect May 15 until June 15.
EPRA said the new changes are a consequence of the average landed cost of imported Super Petrol, which decreased by 38.94 percent from US309.03 per cubic meter in March to US188.07 per cubic meter in April.
During the period, the mean monthly US Dollar to Kenya shilling exchange rate depreciated by 2.67 percent from Sh104.05 per US dollar in March 2020 to Sh106.83 perce US dollar in April 2020.
Globally, oil markets have been in turmoil as the coronavirus strangles demand due to business closures and travel restrictions, with US crude at one point falling into negative territory for the first time.
Since the end of March, oil has been hit further by a collapse in demand due to the economic impact of the virus, when sellers had to pay buyers to take oil off their hands.

 

[oboho]

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[zapp_brannigan]

. View attachment 12339

@Meria and @emali pitieni hapa

 

[emali]

@Meria and @emali pitieni hapa

hahaha huyo ni @Meria ...

 

[Meria]

hahaha huyo ni @Meria ...

 

[shocks]

View attachment 12340

DP

 

[Meria]

DP

Nikujaza bila kuangalia meter
Jaza haraka boss

 

[Aviator]

Fuel so cheap, but where to go?

 

[Anglututu]

Fuel so cheap, but where to go?

Exactly my thoughts, then when life picks up again, when you really need it cheap, they go ahead and hike it.

 

[zapp_brannigan]

Fuel so cheap, but where to go?

Those who have hybrids are enjoying this moment Sana .

 

[Anglututu]

Wapunguze zaidi, they stop joking. I'm waiting to see if these price drops will adjust our cost of living, since fuel is always the determining factor as everyone puts it.

 

[Anglututu]

Those who have hybrids are enjoying this moment Sana .

Explain, because if you have a hybrid it really doesn't matter does it? You drive hybrid so as to save on fuel, if its cheap for everyone, then what's the point?

 

[Field Marshal]

Am starting to think, how can one hoard this cheap petrol safely? Like you buy 3,000 litres you store for future use?

Because najua within the next three months itarudi 110 bob...........

 

[It's Me Scumbag]

Wapunguze zaidi, they stop joking. I'm waiting to see if these price drops will adjust our cost of living, since fuel is always the determining factor as everyone puts it.

Let me not break your hopes but utangoja till they ate thru will their politrickal shenanigans

 

[Aviator]

Am starting to think, how can one hoard this cheap petrol safely? Like you buy 3,000 litres you store for future use?

Because najua within the next three months itarudi 110 bob...........

What about metallic drums with a tight lid?
Aka zile plastic za blue huuzwa racecourse?