The Central Bank of Kenya (CBK) has announced a Ksh 737 drop in oil prices per barrel, alongside a rise in gold prices during the first week of August. According to the CBK Weekly Bulletin dated Friday, August 7, 2026, Murban crude oil prices declined to Ksh 9,387 per barrel on August 6, down from
Global oil prices declined while gold prices increased during the week ending July 30, 2026, according to the Central Bank of Kenya (CBK). In its weekly report published on July 31, the CBK said commodity prices recorded mixed movements during the week under review. Murban crude oil prices fell to $78.24 (Ksh 10,111.73) per barrel
Global oil prices have continued to decline, easing inflationary pressure and offering hope for lower fuel costs. However, Kenyan motorists may have to wait several weeks before the reduction is reflected at local petrol stations. This is according to the Central Bank of Kenya (CBK) in its latest Monetary and Financial Developments report released on
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