July 7, 2023/OilPrice.com Michael Kern, Oilprice.com Oil prices are set for a second consecutive weekly gain but the upside remains limited due to continued economic concerns. Friday, July 7th, 2023 Oil prices are set to end the week with a slight gain after the market eventually priced in Saudi Arabia’s […]
OPINION/EDITORIAL
Postponing the Evil Day?
July 7, 2023/CSL Research Recently, the President of the Federal Republic of Nigeria signed four executive orders with the aim of reducing cost pressures to be faced by manufacturers and stakeholders, who are already dealing with increased costs associated with the removal of fuel subsidies and the devaluation of the […]
Sub-Par Performance in the Global Oil Market
July 6, 2023/CSL Research In its monthly oil market report for June 2023, the Organisation of Petroleum Export Countries (OPEC) estimates that global oil demand will settle at 101.91 million barrels per day (mbpd) at the end of 2023 implying a 2.3% y/y growth in demand from 99.6mbpd in FY2022, […]
