May 24, 2023/Cordros Update The National Bureau of Statistics (NBS) recently released Nigeria’s GDP numbers for Q1-23, with real GDP growing slowly by 2.31% y/y (Q4-22: +3.52% y/y). The growth outturn is 42bps higher than Cordros’ estimate (+1.89% y/y) and 54bps lower than Bloomberg’s median consensus (+2.85% y/y) estimate. A […]
OPINION/EDITORIAL
How Natural Gas Market Integration Can Help Increase Energy Security
(Credit: Cylonphoto/iStock by Getty Images) By Rachel Brasier, Andrea Pescatori, and Martin Stuermer Natural gas might be the same commodity everywhere in the world, but prices can vary dramatically because of the complex network of infrastructure eeded to transport it. The result is a partially fragmented global market, mainly because most natural […]
Strong Fuel Demand Boosts Oil Prices
May 23, 2023/OilPrice.com Tom Kool Editor, Oilprice.com Chart of the Week – According to S&P Platts, global air travel has finally returned to pre-pandemic levels this month as total commercial flights per day averaged 105,682 in the first two weeks of May, up 20% year-on-year. – Global jet fuel demand, […]
