×
The Standard e-Paper
Join Thousands Daily
The Standard Group Plc is a
multi-media organization with investments in media platforms spanning newspaper
print operations, television, radio broadcasting, digital and online services. The
Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
A plunge in oil prices has signaled possibility of global recession in 2019, sending shock waves throughout the global economy including Kenya.
Bloomberg has reported that despite an agreement early last month between Opec and Russia to reduce oil output by 1.2 million barrels per day starting this month, the price of West Texas Intermediate crude has fallen more than 40 per cent from its high for the year in early October.
Subscribe to our newsletter and stay updated on the latest developments and special offers!
Prefer the Standard on Google
