Culled—Proshare September 7, 2020 by FBNQuest Research The week in April when traders and shippers had to pay to be rid of their cargoes of WTI crude seems a distant memory, and the price of UK Brent in recent weeks has settled at +/- US$45/b. US storage capacity was said […]
OPINION/EDITORIAL
Oil Prices Fall Below $40 On Demand Concerns
September 4, 2020/OilPrice.com Oil prices fell below $40 for the first time since June as demand concerns grow and stock markets crash. Friday, September 4th, 2020 Oil prices hit a rough patch this week, falling back in concert with broader financial markets. The dollar gained strength, which also pushed down […]
What PMIs tell us about economic recoveries in Africa
September 4, 2020/United Capital Report In H1-2020, the economic performance of all the African countries under our coverage deteriorated from that of an expansion to a broad-based contraction/slowdown. This was as the global outbreak of the COVID-19 pandemic as well as the associated lockdown measures implemented to curb its spread […]
