Kenya: First Batch of Crude Oil to Trade At U.S.$60 Per Barrel

Kenya's commercial oil prospects have received a boost from the recent pricing of the first batch of crude oil at an optimal ($60) per barrel.

Investors have from the purchase of the estimated 200,000 barrels of crude, warmed up to opportunities presented by the nearly 600 million barrels of oil reserves in Turkana as the pricing of the premier batch matches up to world leading crude classifications.

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