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
International oil prices remained high in the week ending on March 18, 2026. In it’s weekly bulletin, the Central Bank of Kenya (CBK) said the increase was due to the closure of the Strait of Hormuz. CBK said the prices of Murban crude oil rose from $92.13 ( Ksh 11935.44) per barrel on March 12
Tension between US President Donald Trump and Iran greatly affected the global oil prices during the week ending on February 6, 2026. Central Bank of Kenya (CBK) said the prices of murban oil increased from $68.46 (Ksh 8831.65) per barrel on January 29 to $68.50 (Ksh 8836.82) per barrel. “International oil prices increased marginally ahead
Popular Posts
