Culled—Proshare September 23, 2020 By CardinalStone Research MPC surprises with 100 bps cut in MPR The monetary policy committee (MPC) surprised market watchers with a 100bps reduction in its key policy rate to 11.5% at the end of its two-day policy meeting yesterday. After adjusting the policy rate only three […]

IMF Country Focus The COVID-19 pandemic and the shock from the falling price of oil have put severe pressure on Angola since the country’s second review under the Extended Fund Facility (EFF) in December 2019. Only months after the conclusion of the second review in December 2019, the COVID-19 pandemic […]

September 22, 2020/OilPrice.com Chart of the Week –    U.S. crude oil exports hit a record high in February 2020 at 3.7 mb/d, but declined after that as demand plummeted. –    U.S. oil exports averaged 3.2 mb/d for the first six months of the year. While down from the February […]