OPINION/EDITORIAL

Geopolitical Risk Underpins Oil Prices

Image Credit: Oilprice.com November 22, 2024/Oilprice.com Michael Kern Editor, Oilprice.com Geopolitical risk has pushed oil prices back up this week, but traders are likely to refocus on fundamentals as the month draws to an end and the next OPEC+ meeting looms. Friday, November 22nd, 2024 Brent futures have been trading […]

G20 Economies Should Target Reforms to Boost Medium-Term Growth Prospects

(Credit: Galeanu Mihai/iStock by Getty Images) November 22, 2024/IMFBlog By Paula Beltran Saavedra, Nicolas Fernandez-Arias, Chanpheng Fizzarotti, and Alberto Musso For most Group of Twenty economies, growth is poised to weaken over the next five years and remain well below what was typical in the two decades before the pandemic. That’s one […]

Cooking Gas Prices Rose 3.23% in October 2024

November 21, 2024/NBS The average retail price for refilling a 5kg Cylinder of Liquefied Petroleum Gas (Cooking Gas) increased by 3.23% on a month-on-month basis from N6,699.63 recorded in September 2024 to N6,915.69 in October 2024. On a year-on year basis, this increased by 51.58% from N4,562.51 in October 2023. […]