June 30, 2023/OilPrice.com Michael Kern, Oilprice.com A significant decline in U.S. oil inventories provided a firm floor for oil prices this week, but economic concerns are capping any significant rise. Friday, June 30th, 2023 The almost 10-million-barrel US stock decline has provided a firm pricing floor for oil prices this […]
OPINION/EDITORIAL
Palm Oil Prices Fall Faster than Expected in 1H23; Further Decline Likely
June 30, 2023/Fitch Ratings Fitch Ratings expects Malaysian benchmark crude palm oil (CPO) spot prices to weaken further over the next 12 months, after falling rapidly since May 2023. Prices are likely to be pressured by steadily rising CPO output and robust near-term market expectations for supply of competing vegetable […]
The Nigerian Asset Management Industry: Segregated Portfolios Take Centre Stage
June 30, 2023/Hill+Knowlton Strategies Nigeria is the third largest investment management zone in sub-Saharan Africa, after South Africa and Morocco. Agusto & Co. estimates that Nigeria had ₦3.5 trillion1 ($7.8 billion)2 in assets under management (AuM) as at the end of 2022, representing a 25% increase from the prior year. […]
