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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.
The international prices of crude oil are dropping at an unprecedented speed. In six months, the price per barrel of Brent has dropped to below $50 per barrel.
Oil trading experts believe that this price at $50 might not be the bottom but rather the ceiling for the foreseeable future. The prediction is that the price of oil could drop to as low as the pre-1973 price levels where a barrel of oil cost $3.
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