OPINION/EDITORIAL

Bullish Sentiment Keeps Oil Above $60

December 24, 2019/OilPrice.com Chart Of The Week –    The U.S. consumed 101.3 quadrillion BTUs in 2018, up 4 percent from a year before and a new all-time record high.  –    Fossil fuel consumption jumped by 4 percent as well, accounting for 80 percent of the total primary energy use. Natural […]

Bullish Sentiment Remains Despite Oil Price Dip

December 20, 2019/OilPrice.com With positive economic sentiment and a recent drawdown in U.S. crude inventories, oil markets are cautiously bullish about the coming year. Friday, December 20th, 2019 Oil didn’t move a lot this week, but it may have consolidated gains achieved earlier this month. The trade talks continue on […]

Angola: Promoting Sustained, Inclusive Growth and Reducing Oil Dependency

December 19, 2019/IMF IMF Country Focus The IMF has approved the second review of its largest program in sub-Saharan Africa. It has given the green light to continued financial support to Angola under the Extended Fund Facility. This will mean about $1.5 billion disbursed, of a planned total of $3.7 […]