Low crude oil prices to ease production costs in East Africa

Low crude oil prices to ease production costs in East Africa

Low crude oil prices to ease production costs in East Africa

East Africa stands to benefit from the drop in crude oil prices at the international market as it would ease pressure on widening current accounts and arrest a surge in inflation. The cost of consumer goods could also reduce as manufacturers are some of the heaviest consumers of fuel.

For more information, please see https://www.theeastafrican.co.ke/business/Low-crude-oil-prices-to-ease-production-costs-in-East-Africa-/2560-5554266-6d1o9bz/index.html

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