May 15, 2024/FBNQuest Research We focus on the domestic landscape to continue discussing global inflationary pressures. Nigeria’s headline inflation has witnessed heightened inflationary pressures, driven by a continued food and core inflation surge. The recent inflation reading shows that the headline rate surged by 150bps to 33.20% y/y in March, […]
OPINION/EDITORIAL
OPEC Pride in Its African Roots
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 […]
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 […]

