Commodities
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Shell Signs 27-year LNG Supply Deal with QatarEnergy
QatarEnergy and Shell (a British multinational oil and gas company) signed two long-term LNG sale and purchase agreements (SPAs) for…
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TotalEnergies Signs 27-year LNG Supply Deal with QatarEnergy
QatarEnergy and TotalEnergies signed two long-term LNG sale and purchase agreements (SPAs) for the supply of up to 3.5 million…
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OPEC Oil Production Up in September with Nigeria Taking Lead
OPEC’s crude oil production rose in September compared to August, according to the group’s latest Monthly Oil Market Report (MOMR)…
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Oil Prices steady after Settling down more than $5
Oil prices were broadly steady on Thursday after the previous session’s big losses, as an uncertain demand outlook held off…
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Higher oil spending likely to weaken Saudi’s stronger balance sheet
Rating firm Moody’s now thinks that higher spending that becomes inflexible through oil price cycles may weaken Saudi Arabia’s currently…
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Expect higher fuel prices as crude price edges $100 mark
Crude Oil prices edged closer to the $100 per barrel mark Thursday driven by stark cutbacks imposed by Saudi Arabia…
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IMF throws its weight behind Ruto’s fuel stabilisation mechanism
President William Ruto’s fuel stabilisation mechanism received weighty support Friday amidst confusion about the return of fuel subsidy programme.Speaking to…
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Kenya’s rice import value up Ksh.142.5bn in 5 years
The volume of rice imported into Kenya has been on an upward trajectory for five years to 2022.In 2018 alone,…
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Brace yourselves for high rice prices – warns a report
Kenyans will witness a surge in rice prices in the coming weeks following a report by Fitch Rating released on…
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EPRA retains fuel prices in August review
The August and September review was expected hike and the state intervened through the subsidy programme.
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