October 14, 2019/Coronation Report Of all recent government policies the recent closure of the border with the Republic of Benin to goods is having the most immediate effects on prices. These will undoubtedly hit consumers’ pockets and may come through in upcoming inflation data. At the same time there may […]
OPINION/EDITORIAL
A Long-Term Crisis Looms For Oil
October 11, 2019/OilPrice.com The US oil rig count continues to drop, falling by 3 to 710 for the week ending October 4, according to Baker Hughes data. It is now 18 percent down on the same week last year, a loss of 151 rigs, reflecting weaker oil prices, a steady […]
Oil Prices Rise On Trade War Optimism And Tanker Attack
October 11, 2019/OilPrice.com Oil prices spiked on Friday morning as trade war negotiations appeared to take a positive turn while Iran reported an oil tanker attack as tensions in the Middle East soar. Friday, October 11, 2019 Oil prices rose in early trading on Friday on hopes that the U.S.-China […]

