OPINION/EDITORIAL

Oil Prices Under Pressure Despite Major Upside Risk

October 11, 2024/Oilprice.com Michael Kern Editor, Oilprice.com Oil markets have been on edge all week, dealing with rumors of an imminent Israeli attack on Iranian oil infrastructure and the potential of a major hurricane-related outage in the U.S. Ultimately, Israel’s attack failed to materialize and Hurricane Milton’s impact on U.S. oil […]

Fuel to CNG Adoption in Nigeria

October 11, 2024/CSL Research A news report says the Federal Government has officially launched a new online platform allowing Nigerians to convert their petrol-powered vehicles to Compressed Natural Gas (CNG) with the option of deferred payment. This initiative, aimed at easing the transition to cleaner energy, was announced by the […]

When Foreign Exchange Intervention Can Best Help Countries Navigate Shocks

(Credit: malija/iStock by Getty Images) October 10, 2024/IMFBlog By Suman Basu, Sonali Das, Olamide Harrison, and Erlend Nier With major central banks now cutting policy rates, the global interest rate cycle is turning. This shows how far the fight against inflation has come in many advanced economies. But with economic uncertainty still […]