The delay in passing a dedicated bill for the petroleum industry has investors holding back; South Africa needs to chart its path toward developing oil and gas resources in 2021 January 27, 2021/AOP James Chester, Senior Director. A lot has changed in the past year. One thing that has remained […]
OPINION/EDITORIAL
Post MPC Jan 2021: MPC Sounds Dovish Note; Keeps Parameters Unchanged
January 27, 2021/Cordros Report After its first meetings of the year, the Monetary Policy Committee (MPC) voted unanimously to keep all the policy parameters unchanged at today’s meeting. The move was in line with our expectation with no material changes to the Committee’s November narrative. Like in the November meeting, […]
Oil Price Rally Paused By Chinese Covid Concerns
January 26, 2021/OilPrice.com Chart of the Week – The EIA expects global oil demand to be larger than supply in 2021, particularly in the first quarter, leading to sharp inventory drawdowns. – EIA projects Brent to average $56 per barrel in the first quarter. – However, the agency expects Brent […]
