Credit: AsianDream/iStock by Getty Images July 12, 2024/IMFBlog By Cian Allen and Rudolfs Bems Interest rates in the United States are at 20-year highs and the dollar has appreciated sharply against other world currencies. Given the dollar’s outsized role in international finance and trade—and if history is any guide—emerging markets […]

July 12, 2024/Oilprice.com Tom Kool Editor, Oilprice.com Brent crude soared to $86 per barrel as better-than-expected U.S. inflation data stirred hopes of a September Fed rate cut. Friday, July 12th, 2024 The beginning of this week has seen a slight downward correction for oil prices, with anticipated damages from Hurricane […]

July 12, 2024/CSL Research Earlier this week, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) announced that the total daily average crude oil production, including condensates,increased by 2.15% month-on-month (m/m) to 1.50 million barrels per day (mbpd) in June 2024, up from 1.46 mbpd in May 2024. The average crude oil […]