EPRA CUTS DIESEL PRICE BY KSH5, HOLDS PETROL STEADY
The Energy and Petroleum Regulatory Authority (EPRA) has reduced the maximum retail price of diesel by KSh5 per litre, while leaving the prices of Super Petrol and kerosene unchanged for the August 15 to September 14, 2026 pricing cycle. The revised prices take effect from midnight on Saturday, August 15, and will remain in force […]
Global oil prices declined on Thursday after leading energy agencies cut their forecasts for oil demand in 2026, citing weaker consumption prospects amid disruptions caused by the ongoing U.S.-Israeli conflict with Iran. Brent crude futures, the international benchmark, fell by more than $1 per barrel, dropping 1.5 per cent to around $87.69 a barrel in […]
OIL PRICES RISE AS US-IRAN TENSIONS ESCALATE
Global oil prices rose after renewed tensions between the United States and Iran heightened concerns over the security of energy supplies from the Middle East, one of the world’s most important oil-producing regions. The gains followed reports of missile attacks in Iraq that targeted facilities linked to Western interests, prompting investors to reassess geopolitical risks […]