February 16, 2024/CSL Research In a circular issued yesterday, the Central Bank of Nigeria (CBN) highlighted its observation regarding the transfer of proceeds from crude oil exports by International Oil Companies (IOCs) operating in Nigeria. It noted that these funds are swiftly moved offshore to the parent accounts of the […]
OPINION/EDITORIAL
Are OPEC+ Members Ignoring 2024 Production Cuts?
February 16, 2024/Oilprice.com Tom Kool Editor, Oilprice.com Oil prices continued their sideways journey, with some bullishness emerging from weak U.S. retail sales swiftly quashed by new escalation in the Middle East, with Israel attacking Rafah and the Houthis expected to retaliate soon. Friday, February 16th, 2024 Oil prices continued their […]
COMMENT: NASDAQ 100 Bounces Back but a Bigger Reversal Could be Looming
February 15, 2024/Capital.com By Daniela Hathorn, Senior Market Analyst at global retail trading platform, Capital.com “US equity indices took a tumble earlier this week after the latest CPI data showed prices had risen more than expected in January, pushing back the need for rate cuts from the Federal Reserve. But […]
