December 2024/InvestmentOne Report The newly released Consumer Price Index (CPI) report by the National Bureau of Statistics (NBS) revealed that inflation continued its uptick in November 2024, after the brief slowdown seen in July and August 2024. Specifically, headline inflation rose by 72bps to 34.60% YoY, compared to what was […]
OPINION/EDITORIAL
Nigeria’s Crude Oil Production Reaches New High in November 2024
December 16, 2024/CSL Research According to the Nigeria Upstream Petroleum Regulatory Commission (NUPRC), crude oil production, including condensates, increased by 10% in November to 1.69 million barrels per day (mbpd), up from 1.54 mbpd in October, its highest level since March 2021. Excluding condensates, crude oil production also saw a […]
Oil Prices Rise Alongside Geopolitical Risk
December 13, 2024/Oilprice.com Michael Kern Editor, Oilprice.com Oil prices are climbing once again as geopolitical risk rises and the threat of new U.S. sanctions on Russia’s shadow fleet threatens supply. Oil prices have finally outgrown the pains of the OPEC+ meeting, with the potential threat of sanctions now front and […]
