The Central Bank of Kenya has explained why international oil prices decreased in the last week of February. In it’s weekly bulletin, CBK said the oil prices fell from USD 70.76 (Ksh9128.81) per barrel on February 19 to USD 69.73 (Ksh 8995.17) per barrel on February 26, 2026. CBK said the decrease is due to the
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