December 30, 2024/CSL Research In 2024, the Nigerian Naira experienced significant depreciation against the US dollar, influenced by various economic reforms and market dynamics. The Central Bank of Nigeria’s decision to float the currency in June 2023 led to increased volatility. The Naira declined to as low as N1910/US$ in […]
OPINION/EDITORIAL
Oil Prices Rise on China Stimulus and Falling U.S. Inventories
December 27, 2024/Oilprice.com Michael Kern Editor, Oilprice.com Oil prices are on track to post a weekly gain on the back of China’s economic stimulus and forecasts of lower U.S. crude inventories. Oil prices were rising toward the end of the week, with WTI breaking back above $70 and Brent trading […]
A Bullish Catalyst for Oil as 2024 Draws to a Close
December 24, 2024/Oilprice.com Michael Kern Editor, Oilprice.com In this week’s newsletter, we will take a quick look at some of the critical figures and data in the energy markets this week. We will then look at some of the key market movers early this week before providing you […]
