December 4, 2024/CSL Research The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has confirmed that the Port Harcourt refinery is operational, with a production capacity of 60,000 barrels per day. The refinery is currently producing refined petroleum products such as diesel, kerosene, and naphtha, according to PENGASSAN […]
OPINION/EDITORIAL
A Year in Review: A Tale of Two Supply Shocks
December 3, 2024/US Federal Reserve By Governor Adriana D. Kugler Thank you, Jason, and thank you for the opportunity to speak here in Detroit today.1 This visit has allowed me to see the many encouraging signs in this region: growth here in downtown; the area’s famously hard-working labor force; and […]
Cement Sector Growth Remains Suppressed
December 3, 2024/CSL Research In Q3 2024, the cement sector GDP growth declined significantly y/y, dropping to 2.30% in Q3 2024 from 4.20% in Q3 2023. However, q/q, growth was higher in Q3, increasing from 1.74% in Q2 2024. This deceleration in annual growth was mirrored in related sectors like […]

