Prices of Murban crude in the global market have climbed to highs last seen in October last year, setting up Kenyans for an end to months of a continued drop in local pump prices.
A barrel of Murban crude went for $90.61 Tuesday evening, the highest level since $91.57 per barrel posted in October last year, while those of Brent crude hit $90.57 from $90.45 in the same period. Murban prices are used by the Energy and Petroleum Regulatory Authority (Epra) as the benchmark in its monthly pricing cycle.
