Tag: Global Oil Prices

International oil prices decreased in the week ending on November 13, 2025. In it’s weekly bulletin published on November 14, the Central Bank of Kenya (CBK) said murban oil price decreased marginally to USD 65.03 per barrel on November 13, from USD 65.32 per barrel on November 6. CBK attributed this decline build-up oil inventories […]

The Central Bank of Kenya (CBK) has revealed why global oil prices decreased in the last week of October. In its weekly bulletin, CBK said the prices of global oil prices decreased from $66.85 (Ksh8637.02) on October 23, to $65.51 (Ksh8463.89) per barrel on October 30. CBK explained that the drop was due to oil […]