December 21, 2021/OilPrice.com Chart of the Week – India needs to add 40 GW per year of renewable capacity to reach the 2030 objective it agreed to at the COP26 summit in Glasgow, but the country seems increasingly unlikely to do so. – Renewables currently account for only 11% of India’s aggregate […]
OPINION/EDITORIAL
Increased Banking Credit to the Private Sector Up +1.7% to N34.5 Trillion M-o-in October 2021
December 20, 2021/CSL Research The recent money and credit statistics released by the Central Bank of Nigeria (CBN) showed a 1.7% m/m increase in credit to the private sector, reaching another high of N34.5tn as of October from N33.9tn in September 2021. Yearly, private sector credit was also up by […]
Are Oil Markets Already Oversupplied?
December 17, 2021/OilPrice.com It appears that oil market oversupply may already be upon us, with demand being hit hard by Omicron and by China cracking down on its independent refiners. Friday, December 17th, 2021 Oversupply has been one of the main talking points in oil markets in recent months, and […]
