Crude oil and gold are the big head-line grabbers, and I will return to crude oil momentarily. Interestingly, here in Kenya, with food inflation at an eye-popping 21% year-on-year, we have seen the prices of our breakfast commodities squeeze higher. Internationally, sugar prices are at two-year low,s but here we are at an all time high. Crude Oil Prices have plunged -13% in three weeks and WTI crude oil traded Friday morning below $44.00 a barrel before recovering to close at $46.22 a barrel, a one-year low. Crude oil prices in extremis move exponentially.

Source: The Star May 07, 2017 20:48 UTC