The Kenyan shilling weakened slightly against the US dollar during the week ending September 17, 2026, even as global crude oil prices declined. The shilling traded at Ksh129.62 per US dollar on September 17, up from Ksh129.45 on September 10, according to the Central Bank of Kenya (CBK) weekly bulletin released Friday, September 18. “The
Kenya’s fuel prices could rise after global oil prices surged past $100 per barrel, equivalent to about Ksh12,943, ahead of the Energy and Petroleum Regulatory Authority’s (EPRA) next pump price review on Monday, September 14, 2026. Brent crude climbed above $100 per barrel on Wednesday, September 9, and settled at $101.21 as escalating US-Iran tensions
Global oil prices have risen amid renewed U.S.-Iran tensions, with Murban crude increasing 5.2% over the week, according to the Central Bank of Kenya (CBK). According to the CBK Weekly Bulletin issued on September 4, 2026, Murban crude oil prices climbed to USD 86.01 per barrel on September 3, from USD 81.78 per barrel on