September 2, 2019/Coronation Report Last week Brent oil closed above US$60/bbl, which is a critical level for Nigeria’s fiscal administration. This week, there is optimism that the official GDP announcement for Q2 is unlikely to under perform 2.00% y/y, partly due to improvement in oil GDP. Click here to read […]
OPINION/EDITORIAL
Why Shell’s Natural Gas Bet Will Pay Off
August 30, 2019/OilPrice.com Anglo-Dutch Shell announced an A$617 million ($418 million) offer for Australia’s ERM Power in August marking another move by the oil and gas major into the power sector. In March this year, Shell completed its rebranding of the UK’s First Utility as Shell Energy, having bought the […]
Oil Prices Crash As Hurricane Hurts Bullish Sentiment
August 30, 2019/OilPrice.com Oil prices looked to be on course for their largest weekly gain since July, but demand fears driven by Hurricane Dorian hitting Florida sent prices crashing on Friday morning. Friday, August 30th, 2019 Oil prices looked set for their biggest weekly gain since July, but demand fears […]
