November 7, 2023/Oilprice.com Tom Kool Editor, Oilprice.com Oil prices have nearly erased all year-to-date gains as shrinking refining margins signal weaker demand for oil. Chart of the Week – At least 48 VLCC tankers are sailing towards the United States to collect oil for exports, the highest in six years, […]

(Credit: Donatas Dabravolskas/Adobe Stock) November 7, 2023/IMFBlog By JaeBin Ahn, Nicolas Fernandez-Arias, and Neil Meads Most Group of Twenty economies are likely to keep monetary policy appropriately tight to bring inflation back to target. Central banks will need to keep interest rates higher for longer as inflation remains persistently elevated—and easing too […]

November 7, 2023/FBNQuest Research Today, we turn our attention to the financial accounts, in concluding our discussion on the Central Bank of Nigeria’s (CBN) recently released data on the balance of payments (BOP). As shown in our chart below, the financial account improved to a net surplus of USD1.4bn in […]