Why Kenyans Still Pay More at the Pump When Global Oil Prices Fall
Originally published by The Kenya Times ~ Trending, Breaking News and Videos — Read the original article →
The Kenya Times ~ Trending, Breaking News and Videos
Why Kenyans Still Pay More at the Pump When Global Oil Prices Fall
Energy and Petroleum Regulatory Authority (EPRA) Director General Edward Kinyua explained why changes in international oil prices don’t automatically translate into lower fuel prices in Kenya. Speaking in an interview, Kinyua cited the time it takes to import petroleum products and the costs factored into the monthly pricing formula. He added that international oil prices […]
This post Why Kenyans Still Pay More at the Pump When Global Oil Prices Fall first appeared on The Kenya Times ~ Trending, Breaking News and Videos and is written by Annah Nanjala Wekesa
Read Full Article at The Kenya Times ~ Trending, Breaking News and Videos