Oil prices and petroleum: The curious case of Kenya


Over the past two weeks, Kenyans collectively throughout social media, around office work conference rooms, and over family dinner expressed shock and dismay at the erosion of our consumer purchasing power due to the sharp increase in petroleum super, diesel, and kerosene prices.

Meanwhile in the media, pundits and analysts largely pillory the jump in petrol prices to historic levels.

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Note: The results are not exact but very close to the actual.