April 1, 2019/BudgIT To the detriment of socio-economic developments, Nigeria has spent nothing less than N10 trillion on petrol import subsidy between 2006 and 2018. Let it be known: Nigeria is dancing on the edge of a razor blade by continuing its subsidy regime. According to our recent research “Nigeria’s […]
OPINION/EDITORIAL
Uncertain Times For Dated Brent
March 29, 2019/OilPrice.com The global crude oil benchmark Dated Brent is set to change once again this November as S&P Global Platts, the benchmark’s custodian, introduces trade in North Sea grades delivered on a CIF Rotterdam basis. Change is by no means new to the benchmark; it has evolved constantly […]
Oil Breaks $60 As Bullish News Mounts
March 29, 2019/OilPrice.com Oil prices broke through $60 on Friday as the U.S. rig count fell and bullish news continued to drive sentiment in markets. Crude oil stocks (million barrels) U.S. crude oil production (millions of barrels per day) Retail average regular gasoline prices (dollar per gallon) Friday, March 29, […]
