OPINION/EDITORIAL

Hopes of a Gaza Ceasefire Are Putting Oil Prices Under Pressure

March 22, 2024/Oilprice Tom Kool Editor, Oilprice.com Renewed hopes of a ceasefire in Gaza and U.S. efforts to halt Ukrainian attacks on Russian refineries have added some downward pressure to oil prices. Despite this downward pressure, bullish sentiment continues to build in oil markets. Friday, March 22nd 2024 A potential […]

Strengthen Central Bank Independence to Protect the World Economy

(Credit: ymgerman/iStock by Getty Images) March 21, 2024/IMFBlog By Kristalina Georgieva Central bankers today face many challenges to their independence. Calls are growing for interest-rate cuts, even if premature, and are likely to intensify as half the world’s population votes this year. Risks of political interference in banks’ decision making […]

Port Harcourt Refinery to Begin Production April 2024

March 20, 2024/CSL Research Based on news reports, last week, Mele Kyari, the Group Managing Director of NNPCL, made an announcement regarding the commencement of operations at the Port Harcourt refinery in approximately two weeks. Kyari disclosed that mechanical works had been completed on the Port Harcourt refinery. He mentioned […]