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 […]

July 11, 2024/Coronation Research According to the latest monthly report released by Nigeria’s Pension Commission (PENCOM), the assets under management (AUM) of the regulated pension industry increased by +25.6% y/y to N20.2trn. Notably, FGN debt securities accounted for 63% of the total AUM in May ’24. Meanwhile, other asset classes […]