×
App Icon
The Standard e-Paper
Kenya’s Boldest Voice
★★★★ - on Play Store
Download App

Mixed bag of fortunes for Kenya as global oil prices remain low

The International Monetary Fund (IMF) said oil prices will remain low over the coming years due to continued high production that's flooding the market, slowed economic growth and continued search for cleaner alternatives to power economies.PHOTO: COURTESY

Global oil prices are unlikely to hit the highs experienced before the prices collapsed two years ago.

The International Monetary Fund (IMF) said oil prices will remain low over the coming years due to continued high production that's flooding the market, slowed economic growth and continued search for cleaner alternatives to power economies.

Premium Article

Get Full Access for Ksh299/Week.

Bold Reporting Takes Time, Courage and Investment. Stand With Us.
Continue Reading  →
What you get
  • Unlimited access to all premium content
  • Ad-free browsing experience
  • Mobile-optimised reading
  • Weekly newsletters & digests
Pay via
M - PESA
VISA
Airtel Money
Secure Payments Kenya's most trusted newsroom since 1902