As of March 9, 2026, US crude oil prices have surged past $100 a barrel, driven by heightened regional conflict in the Middle East. This represents a significant increase from previous, lower, spot prices in earlier reports.
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Key Oil Price Details (March 9-10, 2026):
WTI Crude Oil: Surged above $100/barrel.
Gasoline Price: Approximately $0.89 USD per liter (as of March 2, 2026)
Oil prices are highly volatile, especially during geopolitical conflicts.
Mean while France to deploy almost dozen warships to protect oil and gas shipment as prices soar
The Kenya Pipeline Company (KPC) officially began trading on the Nairobi Securities Exchange (NSE) today, March 10, 2026.Shares debuted at KSH 9.30, representing a 3.3% increase from the initial public offer (IPO) price of KSH 9.00. The offer was 105.7% oversubscribed, raising approximately KSH 106.3 billion for the Kenyan government. KPC is now the 5th largest company on the NSE by market capitalisation , trailing only Safaricom, Equity Group, KCB Group, and EABL. This marks Kenya's first major state-backed IPO since Safaricom in 2008 and the first new listing on the NSE in 11 years while the state retained a 35% controlling stake .The East African Community (EAC) bloc holds roughly 21.22%, with the Uganda National Oil Company emerging as a significant strategic investor. Kenyan individual investors were allocated 464.8 million shares, though retail demand was noted as lower compared to historic offerings. Funds from the sale are earmarked for the National Infrastructure Fund (NIF) to finance development projects without increasing national debt.
To trade Kenya Pipeline Company (KPC) shares on the Nairobi Securities Exchange (NSE), you must first have an active Central Depository System (CDS)
Once your account is set up, you can trade digitally using the following methods
1. Using the M-Pesa App (Ziidi Trader)
Open the Safaricom M-Pesa App and log in with your PIN.
Navigate to "Financial Services" and select the "Ziidi Trader" mini-app.
Tap "Trade" and search for "Kenya Pipeline" or "KPC".
Select "Buy", then enter the quantity of shares and your preferred price.
Review the trade summary and tap "Buy Shares".
Confirm the transaction by entering your M-Pesa PIN
2. Using USSD (Quick Mobile Access)
Dial *483*816# from your registered Safaricom number use-ussd .
Select the "Kenya Pipeline" option from the menu.
Follow the prompts to enter the number of shares you wish to purchase.
Provide your CDS account number when requested.
You will receive an M-Pesa STK push prompt to complete the payment
3. Using Stockbroker Apps (e.g., AIB Digitrader, Faida)
For more advanced trading tools and market depth analysis, you can use dedicated broker apps
Download a licensed app such as the AIB Digitrader App or myStocks.
Fund your account: Transfer money from M-Pesa to the broker's Paybill number.
Search for KPC in the market watch section and place a buy order.how-to-buy-shares
Core Requirements to Get Started
CDS Account: If you don't have one, you can open it for free through a licensed broker or the CDSC Kenya website by providing your ID, KRA PIN, and passport photo.
Minimum Investment: The standard minimum for NSE trades is 100 shares. Based on KPC's debut price, you would need approximately KSh 930 plus transaction fees to start. TThe kenya wall street