Image Credit: AEC By NJ Ayuk, Chairman, African Energy Chamber It would be difficult to exaggerate the value that carbon capture, utilization, and storage (CCUS) technology offers Africa’s oil and gas industry. With oil and gas-producing countries facing tremendous pressure to transition to green energy sources and leave their petroleum […]
OPINION/EDITORIAL
Monetary Aggregates Still Expanding Rapidly
February 20, 2023/FBNQuest Research The Central Bank of Nigeria’s (CBN) most recent data on money and credit shows that domestic credit to the private sector increased by 19.7% y/y in Dec ’22. The strong growth follows a 17.5% y/y increase in private sector credit extension (PSCE) the previous month. The […]
WTI Tumbles As Dollar And Crude Inventories Climb
February 17, 2023/OilPrice.com Tom Kool The spread between WTI and other benchmarks is widening as several bearish factors combine in the United States to push prices lower. Oilprice Alert: In a rare move from our head trader, this week’s Global Energy Alert includes a recommendation for a technical trade. With oil markets seemingly […]

