International oil prices remained volatile during the week ending on March 12, 2026 as revealed by the Central Bank of Kenya (CBK) in it’s weekly report. CBK said the prices of oil increased from $76.25 (Ksh 9862.94) on March 5, 2026 to $92.13 (Ksh 11917.02) “International oil prices remained volatile during the week with Murban
Oil Prices Cross $100 a Barrel as Iran Conflict Shakes Global Markets. Global oil prices have surged past $100 per barrel for the first time since 2022, as escalating tensions in the Middle East threaten global energy supplies and trigger concern among world leaders. The sharp rise comes amid the ongoing conflict involving Iran, the
Oil prices increased by more than 8% on Monday, March 2, 2026, hitting their highest levels in months, after Iran and Israel intensified attacks across the Middle East, damaging tankers and disrupting shipments from one of the world’s most critical energy-producing regions. Futures for Brent crude climbed to an intraday high of Ksh 10,626 per
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