September 29, 2023/Oilprice.com Michael Kern, Oilprice.com Despite plenty of bullish catalysts, oil prices are meeting resistance every time they break above $95, with traders nervous that Saudi Arabia may unwind its production cuts earlier than expected. Friday, September 29th, 2023 The expiry of November ICE Brent futures has seen backwardation […]
OPINION/EDITORIAL
CO2 Emissions Link to GDP Weakening, But No Decoupling
September 29, 2023/Fitch Ratings Global carbon emissions grew by 0.9% in 2022 compared to world GDP growth of 2.7%, Fitch Ratings says in a new dashboard. The link between emissions and GDP weakened compared to 2021 – when both rose by around 6% – but progress is still falling far […]
Rising Cost of Refined Crude Oil Products
September 29, 2023/CSL Research Based on reports from the National Bureau of Statistics (NBS) the price of Automotive Gas Oil (Diesel) advanced by 8.57% y/y and 7.53% m/m to an average price of N854.32/litre across the states of Nigeria from N786.88/litre and N794.48/litre recorded in August 2022 and July 2023 […]

