January 10, 2025/Oilprice.com Michael Kern Editor, Oilprice.com Bullish sentiment is well and truly back in oil markets, with Brent breaking $80 and WTI trading at $77.46. Oil prices have started the year rallying aggressively, with Brent breaking $80 per barrel for the first time since October 7 last year. The rally has […]
OPINION/EDITORIAL
Crude Oil Pricing Projection
January 10, 2025/CSL Research The December 2024 edition of the OPEC Monthly Oil Market Report (MOMR) showed a eduction in OPEC’s oil output by 50,000 barrels per day (bpd) in December, bringing total production to 26.46 million bpd. This decline was mainly driven by reduced outputs from the United Arab […]
NBS GDP & Inflation Rebasing 2025
January 9, 2025/Cordros Report The Nigerian Economic Summit Group (NESG), in collaboration with the Nigerian Bureau of Statistics (NBS), held a sensitisation workshop on GDP and CPI Rebasing earlier today (9 January). The NBS proposed; GDP Changing the base year for Real GDP computation to 2019 from 2010 Coverage of more areas […]
