Global oil prices have risen to above Ksh 12,991 per barrel days before Kenya’s next fuel price review, with the Central Bank of Kenya (CBK) reporting an increase in Murban crude amid supply concerns linked to geopolitical tensions in the Middle East. Murban crude rose to approximately Ksh 13,211 per barrel on October 8, 2026,
Murban crude Oil prices was reported by the Central Bank of Kenya to have decreased to USD 69.00 from USD 74.41 a week prior (week ending 25th June 2026). The fall of 7.3% was attributed to weakening of geopolitical concerns following a preliminary no war agreement between US and Iran by CBK. Iran had raised
The Energy and Petroleum Regulatory Authority (EPRA) has announced that fuel prices will remain unchanged across the country for the period between October 15 and November 14, 2025. In a press release issued on October 14, EPRA stated that the review was conducted in accordance with Section 101(y) of the Petroleum Act 2019 and Legal