Africa Finance Corporation’s $400 million Islamic finance deal underscores the growing role of Sharia-compliant funding in Africa’s energy sector – an opportunity for greater Arab-African investment cooperation set to be explored at the upcoming Invest in African Energy Forum Africa’s energy sector is seeing growing interest from Islamic financial institutions, […]
OPINION/EDITORIAL
Nigeria’s Crude Oil Production Surpasses OPEC’s Quota
February 17, 2025/CSL Research According to the Nigeria Upstream Petroleum Regulatory Commission (NUPRC), crude oil production, excluding condensates rose by 3.6% in January to 1.54 million barrels per day (mbpd), up from 1.48 mbpd in December. This represents the highest production level since March 2021 and marks the first time […]
Oil Prices Rise Despite Multiple Bearish Catalysts
February 14, 2025/Oilprice.com Michael Kern Editor, Oilprice.com Oil prices are rising despite concerns about Trump imposing tariffs on trading partners and talk of a peace deal between Russia and Ukraine. Oil prices are now set to end the week with a gain, ending a three-week losing streak. Backwardation has eased […]
