World oil prices remained unchanged on Tuesday, January 27, as the effects of a strong winter storm in the United States offset any positive developments in the supply side, especially in Central Asia. Markets balanced weather-driven production losses and refinery disruptions with expectations of restored output and steady policy from major oil producers. Brent crude
The Central Bank of Kenya (CBK) has explained why the international oil prices declined during the week ending on January 8, 2026. In its weekly report, CBK said Murban crude oil traded at USD 61 (Ksh7868.83) per barrel on January 8, from USD 62.51 (Ksh8063.62) per barrel on December 31, 2025. CBK said the decline
The Central Bank of Kenya (CBK) has explained why global oil prices increased on December 24, 2025. In it’s weekly bulletin on December 24, CBK said global oil prices increased during the week, partly due to heightened geopolitical tensions in some key oil-producing regions and concerns over potential supply disruptions. Murban crude oil traded at
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