Culled—Proshare May 13, 2020 By CSL Research A Business Day article reports that Nigerian manufacturers are struggling to stay in business because foreign exchange shortage caused by the collapse in oil prices means they can’t import raw materials. According to the report, Members of the Manufacturers Association of Nigeria have […]
OPINION/EDITORIAL
Bullish Sentiment Is Creeping Back Into Oil Markets
May 12, 2020/OilPrice.com Chart of the Week – Production from U.S. coal-fired power plants fell to 966,000 GWh in 2019, the lowest level since 1976. The 16 percent decline was also the largest in percentage terms in history. – The EIA attributes the decline largely to increased output from […]
Emerging from the Great Lockdown in Asia and Europe
May 12, 2020/IMFBlog By Changyong Rhee and Poul M. Thomsen Several countries in Asia and Europe, where the COVID-19 outbreak appears to have peaked, are gradually reopening their economies. Without a vaccine or effective treatment, policymakers will be balancing the benefits of resuming economic activity against the potential cost of […]
