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Kenya: Hope for Cheaper Fuel As Global Oil Prices Drop Ahead of EPRA’s Monthly Review

Kenya: Hope for Cheaper Fuel As Global Oil Prices Drop Ahead of EPRA’s Monthly Review

Rédaction Africa Links 24 with Kenyans.co.ke
Published on 2025-04-06 10:52:01

A Central Bank of Kenya (CBK) report has revealed a decrease in oil prices ahead of the Energy and Petroleum Regulatory Authority’s (EPRA) mid-month projections.

In the April 4 report, the CBK bulletin noted that international oil prices had declined, with Murban Oil recording a $3.04 (Ksh399 in current exchange rates) drop per barrel from $74.90 (Ksh9,680 in current exchange rates) on March 27 to $71.86 (Ksh9,287 in current exchange rates) on April 3.

According to the bulletin, the drop…

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