October 4, 2024/Oiprice.com Michael Kern Editor, Oilprice.com Geopolitical risk has dominated oil markets this week, with both WTI and Brent up by roughly 8% since the start of the week when Iran fired at least 180 missiles at Iran in retaliation for Israeli strikes in Lebanon. Friday, October 4th, 2024 […]
Author: InvestAdvocate
BUACEM, DANGCEM, FBNH Drags Nigerian Stocks to -1.0% Weekly Loss
All-Share Index fell by 1.0% w/w to 97,520.54 points. Notably, selloffs in DANGCEM (-10.0%), BUACEMENT (-3.4%), and FBNH (-11.2%) drove the weekly loss. October 4, 2024/Cordros Report Global According to Eurostat, headline inflation in the Euro Area moderated by 40bps to 1.8% y/y in September (August: +2.2% y/y) – the […]
Local Petrol Production; Dangote Refinery Changing the Narrative
October 4, 2024/CSL Research Data from the recently released 2023 Petroleum Products Distribution Statis2tics by the National Bureau of Statistics (NBS) revealed that Nigeria produced only 1.46 billion litres of premium motor spirit (PMS), or petrol, domestically between 2015 and 2019. This low production was due to the country’s moribund […]
