March 7, 2023/OilPrice.com Michael Kern Editor, Oilprice.com Chart of the Week – The US downstream landscape remains hamstrung by widespread refinery maintenance that peaked in February at 1.5 million b/d of offline capacity, just as gasoline demand is set to pick up amidst the summer quality change. – US gasoline […]
OPINION/EDITORIAL
Coronation Fixed Income and Exchange Rate Update
March 7, 2023/Coronation Research Summary Opening market liquidity was reported at N985m on Friday (03 March ’23). Call, overnight and repo rates closed within a range of 6% – 13%, as system liquidity tightened on the back of outflows from an fx auction and CRR debits by the CBN. This […]
Fuel Queues Resurface in Abuja, Niger, Kaduna, Other States
March 7, 2023/CSL Research According to a Punch newspaper report, long queues to purchase Premium Motor Spirit, also known as petrol, have resurfaced in Abuja, Nasarawa, Niger, Kaduna, and other states. Oil marketers claim that the resurgence of fuel scarcity is due to a lack of access to the commodity, […]
