Kenyans are hopeful for cheaper fuel prices following a significant drop in global oil prices ahead of the EPRA review scheduled for August 15. The price of Murban crude oil fell to Ksh 8,871 (USD 68.25) per barrel by August 7.

• The Organization of the Petroleum Exporting Countries (OPEC) plans to boost production by 547,000 barrels per day from September.
• The Kenyan shilling maintained stability against the U.S. dollar, averaging Ksh129.24 in the week ending August 7.
• Energy Cabinet Secretary Opiyo Wandayi stated that the recent fuel price hike, which saw prices like Super Petrol reach Ksh186.31 per litre in Nairobi after the July 15 review, was a "temporary situation."