Looking throughout our 63-year history, many significant meetings took place in African cities May 15, 2024AEC By OPEC Secretary General Haitham Al-Ghais. Since assuming the office of OPEC Secretary General almost two years ago, I have had the privilege of visiting every African OPEC Member Country, as well as several […]
OPINION/EDITORIAL
Inflation Fears Keep Oil Prices Suppressed
May 14, 2024/Oilprice.com Tom Kool Editor, Oilprice.com The week began positively with robust U.S. gasoline demand and improved Chinese consumption, but optimism waned as Tuesday’s higher-than-expected U.S. inflation data weighed on oil prices. Plunging Diesel Cracks Bring Refinery Run Cuts Back on the Agenda – Higher supply of diesel is […]
Global Headline Inflation Moderates but Stays Above Long-Run Target
May 14, 2024/FBNQuest Research Following the implementation of aggressive monetary policy tightening, global central banks have made significant progress in bringing inflation down to their long-run target of 2%. While headline inflation in the UK eased slightly to 3.2% y/y in March, down from 3.4% y/y the previous month, preliminary […]

