×
App Icon
The Standard e-Paper
Stay Informed, Even Offline
★★★★ - on Play Store
Read on the App

Low crude oil prices to affect exploration

Global oil prices have been on a downward trend for the last few months owing largely to global oversupply of crude oil.

Currently, crude oil is trading at about $50 (Sh5,200) a barrel. This is bound to affect the development of crude oil infrastructure.

Get Full Access for Ksh299/Week
Uncover the stories others won’t tell. Subscribe now for exclusive access
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in