OPINION/EDITORIAL

Bullish Catalysts Build in Oil Markets But Prices Remain Rangebound

November 29, 2024/Oilprice.com Michael Kern Editor, Oilprice.com It’s been a relatively calm week for oil prices despite plenty of developments on both the geopolitical and fundamental front, but prices might just begin to climb next week. Thanksgiving has disrupted a highly eventful week that saw OPEC+ ramp up its shuttle […]

Nigeria’s Crude Oil Production Drops to 1.54 mbpd in October

November 29, 2024/CSL Research Despite reports suggesting that Nigeria’s crude oil output, including condensates, rose to 1.8 million barrels per day (mbpd) in October 2024, official data from the National Upstream Petroleum Regulatory Commission (NUPRC) indicates otherwise. According to the NUPRC, crude oil production, including condensates, fell slightly by 0.40% […]

Nigeria’s Unemployment Rate Dropped to 4.3% in Q2 2024

November 28, 2024/CSL Research The National Bureau of Statistics (NBS) recently published the Nigeria Labour Force Survey (NLFS) for Q2 2024. The survey’s primary objective is to gather essential labour market data and make it available to support:1) government policies and programmes for effective planning, and 2) private sector investment […]