knbs data: Organization of the Petroleum Exporting Countries (OPEC) ke.knbs.crude-oil-price.monthly monthly

Murban Crude Oil Price.

VERSION v2026-08-18
UPDATED 19d ago
CHECKED 1d ago
COVERAGE 2018-01 - 2024-12
SHAPE 91 × 7
SIZE 6.2 KB
FREQUENCY monthly
PIPELINE automated
LICENSE Not stated

The crude price Kenya's pump prices sit downstream of. 84 monthly observations and seven annual averages, in US dollars a barrel, from 2018 to 2024.

This is not Kenyan data. Murban is a light crude produced in Abu Dhabi, and the price is the free-on-board price there, compiled by OPEC in its Monthly Oil Market Report. KNBS republishes it in Kenya's own Economic Survey because Kenya refines nothing at scale and imports its fuel already refined, so the world crude price is the single largest input to what a Kenyan pays at the pump. Read it beside ke.knbs.fuel-prices-retail.monthly, which is the domestic end of the same story.

The series bottoms at 17.66 dollars in April 2020, in the first weeks of the pandemic, and peaks at 117.72 in June 2022, after the invasion of Ukraine. That is a factor of 6.7 in twenty six months.

What the table is called changes between editions, and the two names mean different things. The 2023 edition calls it "Murban ADNOC Prices" and the 2025 edition "Average Murban ADNOC_OPEC Reference Basket Prices". Murban is one grade; the OPEC Reference Basket is a weighted average of thirteen. The 2023 edition's own footnote settles which this is: "Abu Dhabi free on board (fob) Prices", a single grade. Anyone comparing this series to the published OPEC basket will find it does not match, and that is why.

The annual average KNBS prints is carried alongside the months, marked in period_kind, and is checked against the twelve months it averages in every year. Every year here prints all twelve, unlike the retail price table, so the check covers the whole series.

LOADING DATA...
CRUDE

The crude Kenya's fuel is refined from went from 17.66 dollars a barrel in April 2020 to 117.72 in June 2022, a factor of 6.7 in twenty six months.

Murban crude, Abu Dhabi free on board · US$ per barrel · monthly, 2018 to 2024

SOURCE: Organization of the Petroleum Exporting Countries (OPEC) · via Kenya National Bureau of Statistics · Murban Crude Oil Price (monthly) · Updated 2026-08-18
# periodperiod_startyearperiod_kindstatusvalueunit
loading...
CITATION · APA 7

imibare contributors. (2026). Murban Crude Oil Price [Data set]. imibare. v2026-08-18. https://imibare.org/datasets/ke.knbs.crude-oil-price.monthly