The Online Kenyan Logo

The Online Kenyan

K
Originally published by Kenyans
📰 Read Full Article
top
June 6, 2026
1h ago

CBK Gives Update on Global Oil Prices Ahead of EPRA Fuel Review

CBK Gives Update on Global Oil Prices Ahead of EPRA Fuel Review

Transport operators and businesses are now keenly awaiting EPRA's June 14 announcement to see whether the anticipated relief will finally translate into lower pump prices...

✨ Key Highlights

Kenyans may soon see a reduction in fuel prices as the Central Bank of Kenya (CBK) reports a decrease in global oil costs ahead of the Energy and Petroleum Regulatory Authority's (EPRA) upcoming review.

  • Global oil prices saw a decline, with Murban crude oil dropping to $87.38 (Ksh11,315) per barrel as of June 4.
  • The Central Bank of Kenya (CBK) and the Energy and Petroleum Regulatory Authority (EPRA) are key organizations involved.
  • The new fuel prices, set to take effect from June 15 to July 14, are anticipated to include a Ksh10 reduction in diesel prices as indicated by Energy Cabinet Secretary Opiyo Wandayi.

Continue Reading

Read the complete article from Kenyans

📰 Read Full Article
Advertisement

Related News

Kenyans Brace for Expensive Loans as Banks Issue New Demands to CBK
top1d ago

Kenyans Brace for Expensive Loans as Banks Issue New Demands to CBK

The Kenya Bankers Association (KBA) is urging the Central Bank of Kenya (CBK) to increase the Central Bank Rate (CBR) at its upcoming Monetary Policy Committee (MPC) meeting on June 9, 2026, to combat rising inflation.

K
Kenyans
📰 Read Full Story
CBK burns through forex reserves as Iran war hits homes
4d ago

CBK burns through forex reserves as Iran war hits homes

Kenya's foreign exchange reserves are being depleted by the Central Bank of Kenya (CBK) as the ongoing conflict in the Middle East exacerbates inflationary pressures. This situation is threatening the stability of President Ruto's economic agenda, leaving households to grapple with rising costs.

T
The Standard Business
📰 Read Full Story
Why CBK rules punish Kenya's safest borrowers and lock millions of farmers out of credit
6d ago

Why CBK rules punish Kenya's safest borrowers and lock millions of farmers out of credit

Kenyan banking regulations are unfairly penalizing smallholder farmers and agribusinesses, locking them out of essential credit despite having low default rates. This structural bias is hindering the agricultural sector's growth ahead of a major continental summit on food systems financing.

T
The Standard Business
📰 Read Full Story
Advertisement