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Top News In Galana Oil Today - Breaking & Trending Today

EA braces for pain at the pump as Riyadh cuts production

Globally, oil demand is forecast to grow by 2.4 million barrels per day in the second half (July-December) of this year, according to Opec. ....

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Kenya floats Sh17.5bn bond to pay oil marketers

Kenya floats Sh17.5bn bond to pay oil marketers
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Fuel dealers in deal to convert Sh45bn subsidy arrears into bond

Oil marketers have presented a proposal to the Treasury for the conversion of fuel subsidy arrears into bonds.
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Oil marketers yet to be paid Sh45 billion subsidy cash

The State owes oil marketers Sh45.82 billion for the fuel stabilisation scheme that was scrapped last month. ....

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Kenya eyes $1.9b emergency funding to ease economic distress

Financing will shore up foreign exchange reserves and ease dollar shortage. ....

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