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ERC fuel prices for September 14 to October 14
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Ericsson
#1 Posted : Wednesday, September 14, 2011 3:31:07 PM
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Cde Monomotapa
#2 Posted : Wednesday, September 14, 2011 4:06:15 PM
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Let's expect a drop. Brent did a lot of 105s last month down from the 120s. Let's see. The KES was 92-94. Fairly stable.
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Cde Monomotapa
#3 Posted : Wednesday, September 14, 2011 4:11:25 PM
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Cde Monomotapa wrote:
Let's expect a drop. Brent did a lot of 105s last month down from the 120s. Let's see. The KES was 92-94. Fairly stable.

NB: Brent crude is used to price what we use here, being Murban Crude where we get a discount at times.
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Cde Monomotapa
#4 Posted : Wednesday, September 14, 2011 4:22:03 PM
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But there has been a HUGE disparity of late, I think due to Libya, between WTI (Nymex) and Brent Crude of about $20 from the normal $2-4 spread btwn the two. Thus, a speedy resumption of production in Libya should have us enjoy much lower prices. (WTI @ $88-90 currently)
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Cde Monomotapa
#5 Posted : Wednesday, September 14, 2011 4:56:41 PM
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Cde Monomotapa wrote:
But there has been a HUGE disparity of late, I think due to Libya, between WTI (Nymex) and Brent Crude of about $20 from the normal $2-4 spread btwn the two. Thus, a speedy resumption of production in Libya should have us enjoy much lower prices. (WTI @ $88-90 currently)

In default and a more dependable outcome is a full blown Western recession next year and oil could stall @ $60 for a fairly extended period smile
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ammywanja
#6 Posted : Wednesday, September 14, 2011 5:37:42 PM
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the verdict is out...super id up by 53 cents to 117.75, diesel is now 108.17 and regular is 116.68. kero is 88.29
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Ericsson
#7 Posted : Wednesday, September 14, 2011 5:41:30 PM
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weka link
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ammywanja
#8 Posted : Wednesday, September 14, 2011 5:42:06 PM
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by the way,is it me or did KK not send their usual price prediction this time round? so was the rumored ban by ministry of energy real?
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ammywanja
#9 Posted : Wednesday, September 14, 2011 5:43:25 PM
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Ericsson wrote:
weka link

give me your email i can send you the full report
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Tommy
#10 Posted : Wednesday, September 14, 2011 5:44:21 PM
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Joined: 12/9/2010
Posts: 894
Location: Nairobi
too bad, i was expecting some sort of price decrease.
Don't wait for the Last Judgment. It happens every day. ~Albert Camus, The Fall, 1956
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