Global Markets

Oil prices experienced a significant rebound on Tuesday, climbing more than 2% and recovering a portion of the losses incurred in the prior session. This uptick in oil prices was driven by...

The Energy & Petroleum Regulatory Authority (EPRA) has announced that the maximum retail prices for super petrol, diesel, and kerosene will remain unchanged for the monthly pricing cycle running from 15th March...

Global oil prices have surged past USD 110 a barrel, accompanied by a sharp downturn in stock markets, as the intensifying conflict between the United States, Israel, and Iran raises serious concerns...

The Nairobi Securities Exchange (NSE) concluded the week in bearish note with all major indices recording declining compared to the previous week. The Nairobi All Share Index (NASI) declined by 3.6% to...

Oil prices rose for the third consecutive day on Tuesday, driven by escalating conflict between the United States and Israel and Iran, along with emerging threats to maritime security in the Strait...

On Monday, oil prices surged by 7 percent, reaching their highest levels in months, following an escalation of conflict between Iran and Israel in the Middle East. The intensified conflict occassioned significant...

In February 2026, Kenya's annual inflation rate experienced a marginal decline, easing to 4.3 percent from 4.4 percent in January 2026. This moderation in inflationary pressure enhances the Central Bank of Kenya's...

On Saturday, February 14th 2026, the Energy and Petroleum Regulatory Authority (EPRA) announced a reduction in fuel prices, offering relief to consumers across Kenya. The new pump prices which are effective from...

Oil prices declined as market participants shifted their focus toward expectations of robust supply, while assessing the disruptions caused by a severe winter storm across the United States. West Texas Intermediate futures...

Oil prices exhibited minimal movement in early trading on Friday, with Brent crude and U.S. West Texas Intermediate (WTI) benchmarks remaining almost unchanged from their previous closing levels. Brent futures experienced a...

In Asian trading on Thursday, oil prices declined by more than 2%, following remarks by U.S. President Donald Trump which alleviated market concerns over the potential military conflict with Iran and related...

The Energy and Petroleum Regulatory Authority (EPRA), has announced a reduction in fuel prices for the January/February 2026 pumping cycle, marking the first decrease following a four-month period of price stability. These...

Oil prices experienced a modest retreat in early trading on Wednesday, January 14, 2026, halting a four-day rise in oil prices. This slight decline occurred as the market absorbed news on the...

The energy sector in Kenya is navigating a period of significant strain and transformation, which has been propelled by a rising demand coupled with critical infrastructure upgrades. Recent data indicates a consistent...

During Tuesday’s trading session, oil prices experienced a moderate increase which was driven primarily by heightened geopolitical tensions involving Iran and concerns over potential disruptions to global supply. These factors are bound...

Crude oil markets extended their gains into a second consecutive session on Friday, positioning benchmarks for a third successive weekly advance. The upward momentum is underpinned by mounting geopolitical uncertainties, particularly regarding...

U.S. officials emphasized the need to control Venezuela’s oil sales and revenues indefinitely to stabilize its economy.

The pressure on oil prices stems from speculation that U.S. sanctions on Venezuela could be eased following recent political developments.

The Government of Kenya has formally concluded its participation in the Common Market for Eastern and Southern Africa  (COMESA) Sugar Safeguard regime, which lapsed on 30th November 2025 after 24 years and...

The Kenya National Bureau of Statistics (KNBS) has released the Consumer Price Indices and Inflation data for December 2025, giving insight into pricing trends in Kenya for various commodities during the month....

The Energy and Petroleum Regulatory Authority (EPRA) has confirmed that retail fuel prices will remain unchanged for the period spanning December 15, 2025, to January 14, 2026. This marks the third consecutive...

According to Kenya National Bureau of Statistics (KNBS) Kenya's annual inflation rate for November 2025 was to 4.5% from 4.6% in October. According to data by the Kenya National Bureau of Statistics...

Oil prices edge higher on Thursday due to geopolitical tensions and stalled diplomatic negotiations, though persistent concerns over oversupply and weak demand capped significant gains. The uptick followed Ukrainian military strikes on...

The latest downward move on oil prices followed reports that Ukrainian President Volodymyr Zelenskyy has agreed to work with Washington on a peace plan.

The global oil market is currently in a state of equilibrium, caught between two powerful and opposing forces. On one hand, investors are grappling with the reality of an emerging surplus in...

The Energy and Petroleum Regulatory Authority (EPRA) has announced that the prices of fuel will not change for the November/December 2025 pumping cycle, marking the third month in a row that fuel...

Oil prices were largely unchanged early Thursday, stabilizing after a two-week low in the previous session. Brent crude futures edged up 2 cents, or 0.03%, to $63.54 a barrel, while U.S. West...

Fed Chair Jerome Powell added to market uncertainty during his post-meeting press conference, stating that a December rate cut is far from guaranteed.

The modest decline in oil prices follows last week’s sharp rally, Brent and WTI posted their biggest weekly gains since June.

Sanctions on Rosneft PJSC and Lukoil PJSC, companies responsible for nearly half of Russia’s crude exports caught the market off guard and will affect Oil Prices.

Market breadth was positive on Wall Street, with advancing issues outnumbering decliners by a 1.74-to-1 ratio on the NYSE, where 659 stocks hit new highs and 69 posted new lows.

Oil prices rose in early Monday trading, buoyed by renewed optimism over U.S.-China trade relations and reinforced by sanctions-driven supply constraints.

The Nairobi Securities Exchange (NSE) ended the week lower, showing a general decline in market performance. Key indices, NSE 20, NASI and N10 all recorded a drop as compared to the previous week....

Bond markets responded across Asian Markets with upward pressure on yields. Japan’s 30-year government bond yield rose over 10 basis points to 3.263%.

The price of crude oil has had the greatest weekly surge for the first time in over three months, leaving the price of Brent crude settling above 70 USD per barrel since...

Murban crude oil output in Saudi Arabia has significantly gone up with the aim of reclaiming market share as opposed to maintaining price stability, following a dip in OPEC`s market share from...

Tech stocks led the decline on Wall Street, with Oracle plunging 5.7% following a downgrade from Rothschild analysts.

Gold’s safe-haven appeal continues to shine in the current low-rate environment, with the metal hitting a record high of $3,790.82 earlier this week.

Overall market breadth on Wall Street was negative, with decliners outpacing advancers on both the NYSE and Nasdaq.

Singapore is in the process of obtaining the carbon credit in African countries. The country's aim is to improve its climatic condition. Singapore therefore aims at signing 2.2 million Tonnes contract by...

Last Thursday the International Energy Agency (IEA), announced a significant surge in its estimates on the global crude oil output for the year 2026 to 3.33 million barrels per day (bpd), which...

Larry Ellison has briefly overtook Elon Musk as the world's richest man, this was after Oracle made $101 billion in a single day. This is the largest one-day increase ever recorded on...

Stocks on Wall Street opened September on a defensive note as investors digested a landmark court decision on tariffs and a sharp jump in Treasury yields. All three major indices logged losses,...

US stocks took a heavy blow on Thursday as investors reacted with alarm to the latest developments in President Donald Trump’s tariff standoff.

Asian markets experienced a mixed day of trading Thursday, reflecting the impact of U.S. President Donald Trump's announcement of a 90-day pause on higher tariffs

The US stock markets experienced one of their most remarkable rallies in history on Wednesday, following President Donald Trump's announcement of a temporary pause...

Apple led the declines on US Stock Markets, with its shares closing nearly 5% lower after an earlier 4% gain.

The U.S. stocks market has been grappling with unprecedented volatility following President Donald Trump's announcement of sweeping tariffs.

This widespread sell-off on Asian stock markets highlights the volatility and challenges facing markets, with investors closely monitoring global economic conditions.

The ripple effects of Asian markets rout were felt in Europe’s early trading session. France’s CAC 40 dropped 1.8 percent,

Amidst the Asia-Pacific Markets turmoil, investors flocked to safe-haven assets, driving the price of spot gold to a record high of $3,148.84 per ounce.

U.S. markets were mixed following President Donald Trump's announcement of sweeping tariffs, set to take effect on April 5, 2025. The policy, which imposed a baseline rate of 10% on imports from...

The U.S. stock markets experienced a volatile session on Monday, with the S&P 500 managing to recover from earlier losses to close higher.

Asian Markets were down on Monday as traders anticipatied fresh tariffs from U.S. President Donald Trump later in the week.

Kospi, the benchmark index in South Korea sank 1.9% to 2,557.98 during Asian Stock market hours, with Hyundai Motor Co. leading the drag.

The primary catalyst for the US market's decline was the announcement of new tariffs on cars manufactured outside the U.S by the Trump administration on Wednesday.

Asian stock markets displayed mixed trends on Thursday as investors reacted to U.S. President Donald Trump's announcement of 25% tariffs on car imports, effective April 2. The announcement, coupled with confirmation of...

Economic data added to the market's cautious sentiment on wallstreet. The Conference Board's Consumer Confidence Index fell to 92.9, marking a four-year low.

Asian stock markets delivered a mixed performance today as investors weighed global economic uncertainties against regional market developments. While some markets recorded gains, others faced declines, underscoring the varied investor sentiment across...

Technology sector's performance on US Markets provided a much-needed boost to the Nasdaq, offsetting broader market concerns.

Analysts attributed the downturn in Asian Markets to cautious profit-taking as expectations of continued volatility loomed large.

The specter of a prolonged conflict in the Middle East has sent shockwaves through global energy markets, bolstering oil prices.

Gold's bullish outlook is also supported by the banking crisis and calls for recession, which continues to create uncertainty in the global economy

While oil prices softened slightly on Thursday, they remained within the trading band seen since the start of 2023.

Crude oil inventories in the U.S. Strategic Petroleum Reserve (SPR) fell 7.5 million barrels in the week to Sept. 2 to 442.5 million barrels, their lowest since November 1984, according to data...

SINGAPORE: Oil prices rose on Thursday on mounting supply tightness concerns amid disruptions to Russian exports, the potential for major producers to cut output, and the partial shutdown of a U.S. refinery....

U.S. oil prices shot above $10 for the first time in about 14 years due to a surge in prices in Europe, where tight supplies persist.

Shares in the Asia-Pacific were mostly higher on Monday as investors monitored market reaction to Chinese economic data. Mainland China markets were mixed. The Shanghai Composite fell slightly to end the day...

A stronger dollar also weighed on oil prices as a firmer greenback makes oil more expensive for holders of other currencies.

Oil prices typically rise when the dollar falls as a weaker dollar makes crude cheaper for buyers holding other currencies.

A sharp fall in purchases by investors pulled global gold demand down 8% in the second quarter compared to the same period in 2021, the World Gold Council said.

Oil Prices also found support as the Group of Seven richest economies aims to have a price-capping mechanism on Russian oil exports in place by Dec. 5.

Oil prices rose in early Asian trade on Wednesday as industry data showed a larger-than-expected drawdown in U.S. crude stockpiles.

U.S. LNG total base load export capacity increased from less than 1 billion cubic feet per day (Bcf/d) in 2015 to about 10.78 Bcf/d at the end of 2021.

Spot gold firmed 0.1% to $1,718.97 per ounce, by 0041 GMT, while U.S. gold futures dipped 0.1% to $1,716.70.

Brent crude futures for September settlement dropped 48 cents, or 0.5%, to $102.72 a barrel at 0205 GMT, down for a fourth day in declining global oil prices.

Tesla’s second-quarter profit fell 32% from record levels in the first quarter, with the company reporting a $2.26bn net profit on Wednesday.

Oil is generally priced in U.S. dollars, so a stronger greenback makes the commodity more expensive to holders of other currencies. Investors also tend to view the dollar as a safe haven...

The OPEC+ move to bring forward crude oil output hikes is widely seen as unlikely to meet demand as the increased allocation is spread across all members, including Russia which is facing...

Brent crude oil futures were on track to fall for the week, and WTI was on course for a 1.6% weekly gain as U.S. supply remained very tight, prompting talk of fuel...

International crude oil benchmark Brent crude futures were last down 1.68% at $114.34 per barrel. U.S. crude futures dropped 1.87% to $113.10 per barrel.

Oil prices eased on Wednesday, giving up earlier gains, after China and Japan reported weak economic data, fueling concerns about growth and oil demand in the world’s top consumers.

The partial easing of Shanghai lockdowns lifted some of the downward pressure that was starting to be felt on worries about Chinese oil demand, she said.

Demand for oil will be affected in China - the world’s biggest oil importer - by pandemic-driven mobility restrictions and in Russia by international sanctions.

Proposed EU sanctions, which the bloc’s 27 member states must approve, would ban buying Russian coal and prevent Russian ships from entering EU ports. Britain also urged G7 and NATO nations to...

Oil prices climbed on Thursday after the International Energy Agency (IEA) said markets could lose three million barrels per day (BPD) of Russian crude and refined products from April. The supply loss...

Oil prices stabilized on Friday and were on track for their biggest weekly drops since November after see-sawing on fears of escalating bans on Russian oil versus efforts to bring more supply...

Oil prices gained on reports of cyberattacks on several Ukrainian state websites added to fears about escalating tensions with Russia.

Chinese stocks rose in line with global markets amid supportive official comments and a perception that the country’s regulatory crackdown cycle had peaked.

Tight supply was seen in U.S. crude oil stockpiles, which unexpectedly fell 4.8 million barrels in the week to Feb. 4 to 410.4 million barrels as overall refined product demand reached an...

Wall Street ended sharply lower on Thursday after U.S. consumer prices data came in hotter than expected and subsequent comments from a Federal Reserve official raised fears the U.S. central bank will...

Sources said an OPEC+ technical panel meeting on Tuesday did not discuss a hike of more than the expected 40,000 barrels of crude oil per day from March.

Google parent Alphabet Inc rose 1.7% on wall street ahead of quarterly results published after the bell. Amazon Inc and Meta Platforms Inc are also on deck later this week.

The risk of geopolitical disruptions to oil supply at a time of already tight inventories due to the strong post-pandemic recovery has sent the premium commanded by barrels for prompt delivery soaring,...

Fed Chair Jerome Powell left open the possibility that global markets policymakers would raise rates in 2022 more than the three quarter-point hikes they had signalled after their December meeting

Oil prices rose on Friday, set for their sixth weekly gain, amid concerns of tight supplies as major producers continue their policy of limited output increases amid rising fuel demand. Brent crude...

Crude oil prices surged on Wednesday, with Brent climbing to $90 a barrel for the first time in seven years, amid the tensions between Ukraine and Russia, the world’s second-largest oil producer,...

Oil prices hit seven-year highs last week on worries that supplies could tighten due to Ukraine-Russia tensions and worries about the conflict in Yemen.

Spot gold was little changed at $1,840.24 per ounce by 0323 GMT. U.S. gold futures were also steady at $1,840.70.

Lower U.S. oil inventories are also providing support, with crude inventories around the NYMEX WTI delivery point at Cushing in Oklahoma at the lowest for the time of year since 2012.