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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.
On March 18, oil prices tumbled by a quarter in the worst plunge in history linked to a fierce ego contest among an international cartel of producers.
Huge inventories of expensive fuel already in the market in the midst of an economic downturn meant the stocks would influence the subsequent pricing beyond the usual one-month window.
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