December 19, 2025/Oilprice.com Tom Kool Editor, Oilprice.com Brent is clinging to $60 per barrel, but markets have become even less sensitive to geopolitical risk. Friday, December 19, 2025 Things are not looking good for oil, with Trump’s belligerent rhetoric vis-à-vis Venezuela only pushing ICE Brent futures to $60 per barrel […]
OPINION/EDITORIAL
Dangote, Monopoly Power, and the Political Economy of Failure
December 19, 2025 By Blaise Udunze Nigeria’s refining crisis is one of the country’s most enduring economic contradictions. Africa’s largest crude oil producer, strategically located on the Atlantic coast and home to over 200 million people, has for decades depended on imported refined petroleum products. This illogicality has drained foreign […]
Nigeria: Fiscal Outlook and Budget Credibility Risks
December 17, 2025/CSL Update This Day report indicates that Nigeria’s proposed 2026–2028 Medium-Term Expenditure Framework and Fiscal Strategy Paper (MTEF/FSP) have come under renewed scrutiny following official confirmation of a significant revenue shortfall in 2024–2025. Speaking at a Senate Committee on Finance session in Abuja, Finance Minister Wale Edun acknowledged […]
