The Central Bank of Kenya (CBK) has identified the persistent global oil price pressures as a key factor affecting the economic environment in the country, while most economic indicators in the country remained steady in the week to April 2, 2026. In its latest bulletin, the regulator identified the high energy cost environment in the
International oil prices surged in the week ending on March 27, 2026 as the closure of the Strait of Hormuz disrupted crude shipments resulting into the increase in global oil prices. The strait carries about 20% of the world’s oil exports, making it a critical supply route. According to the Central Bank of Kenya’s Weekly Bulletin
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
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