(Credit: donvictorio/iStock by Getty Images) May 13, 2024/IMFBlog By Jihad Azour Dislocations from the pandemic, geoeconomic fragmentation, and Russia’s war in Ukraine have shifted world trade dynamics. While this has created challenges, the redirection of trade has also generated new opportunities, particularly for the Caucasus and Central Asia. Since the […]
OPINION/EDITORIAL
Nigeria’s Crude Oil Production Grows by 4.14% M/M in April 2024
May 13, 2024/CSL Research The latest report from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Nigeria’s average crude oil production increased slightly by 4.14% in April 2024, reaching 1.28 million barrels per day (excluding condensates), up from 1.23 million bpd in March. This marks the first uptick after two consecutive […]
Oil Prices Are Rallying Once Again
May 10, 2024/Oilprice.com Michael Kern Editor, Oilprice.com Following several weeks of declines, oil prices are now rising once again on a combination of geopolitical risk, rising demand, and supply concerns. Friday, May 10th 2024 Oil prices are once again climbing after several weeks of declines. Falling US crude inventories and robust Chinese […]
