Commodities
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Why Brent Crude Price Has Remained at $90 Despite Israel-Iran Tension
Iran launched a series of drone and missile strikes against Israel in retaliation for a suspected Israeli airstrike that targeted…
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How Fuel is Retailing in Major Towns in Kenya in May
The Energy Petroleum and Regulatory Authority (EPRA) announced changes in fuel prices in its monthly review, with prices for April-May…
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Petrol Price Down by Ksh.7.21 in Latest Review
Kenyan motorists can breathe a sigh of relief as the government announces a significant reduction in fuel prices, attributing the…
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Uganda Agrees to Resolve Fuel Import Feud With Kenya
President William Ruto has resolved to end the biting fuel import feud with Uganda, a problem which was going to…
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Oil Prices Down 0.6% to $81 Per Barrel
Oil prices fell on Monday, extending losses on market views that higher-than-expected inflation could delay cuts to high-interest rates that…
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Govt Releases Ksh.300 Million to Nzoia Sugar Farmers
The Kenyan government has commenced the distribution of Ksh.300 million to farmers of Nzoia Sugar Factory, a knee-jerk to local…
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Oil Prices Down 2% on Rumoured Israeli, Hamas Truce
Oil prices dipped by 2% due to unconfirmed rumors of a truce between Israel and Hamas. This was further compounded…
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More Pain for Motorists as EPRA Introduces Rates for Fuel Wastage
The Energy and Petroleum Regulatory Authority (EPRA) has announced new rates to cover the fuel wastage that occurs along the…
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Rwanda to Invest $2.37 Billion to Boost Mining Sector
The Rwanda Mines, Petroleum and Gas Board (RMB) has embarked on a three-year research initiative to assess the estimated mineral…
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Afreximbank Helps Nigeria Secure $3.3 Billion Crude Oil Prepayment Facility
The Nigerian National Petroleum Company Limited (NNPCL) has obtained a syndicated US$3.3 billion crude oil prepayment facility, with support from…
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