Author: InvestAdvocate

Bearish Sentiment Is Dominating Oil Markets

November 15, 2024/Oilprice.com Michael Kern Editor, Oilprice.com Bearish sentiment continued to dominate oil markets this week despite steep gasoline and diesel draws in the U.S. Friday, November 15th, 2024 Steep gasoline and diesel inventory draws in the United States have helped offset the overwhelmingly bearish sentiment in the oil market, although […]

Nigeria October 2024 CPI: Consumer Prices Expected to Remain High in the Near Term

November 15, 2024/Cordros Report The latest inflation data from the National Bureau of Statistics (NBS) reveals a continued upward trend in consumer prices for October, marking the second consecutive month of increase after a brief two-month moderation. This resurgence stems primarily from the sustained impact of the increase in Premium […]

Macroeconomic Update: Inflation Report for October 2024

November 15, 2024/Futureview Research Headline Inflation In October 2024, the headline inflation rate rose to 33.88%, up from 32.70% in September 2024, reflecting an increase of 1.18 percentage points. Year-on-year, the inflation rate was 6.55 percentage points higher than the 27.33% recorded in October 2023, indicating a significant rise compared […]