June 19, 2023/CSL Research According to the latest monthly oil market report obtained on Friday from the Organisation of Petroleum Exporting Countries (OPEC) for June 2023, Nigeria’s total oil production increased by 6.73 million barrels to 36.7 million barrels in May 2023. The report indicated that crude oil output from […]

June 16, 2023/OilPrice.com Michael Kern, Oilprice.com Oil markets got some rare good news out of China this week, with Beijing loosening monetary policy and issuing new import quotas for refiners, boosting hopes that the country’s oil demand will bounce back. Friday, June 16th, 2023 For the first time in many […]

June 15, 2023/CardinalStone Event: The Central Bank of Nigeria (CBN) announced the abolition of segmentation in Nigeria’s FX market, with all segments effectively collapsed into the Investors and Exporters (I&E) window with immediate effect. Operations in the window will be guided by the extant circular establishing the window, dated April […]