September 21, 2022/CSL Research The Nigerian 2022 fiscal budget suffers further shock as crude oil production contracted to an all-time low of 0.972mbpd in August 2022. Based on data from the National Upstream Petroleum Regulatory Commission (NUPRC), crude oil production fell m/m by 11.47% to 0.972mbpd in August from 1.08mbpd […]

September 20, 2022/OilPrice.com By Tom Kool Crude prices have been weighed down by a strong dollar and the anticipation of large interest rate hike, largely ignoring OPEC’s underproduction and the reopening of Chinese megacities Chart of the Week Freight Is the Oil Market’s New Achilles Heel – The major shifts […]

September 20, 2022/Cordros Report Again, the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) is faced with the decision of holding or hiking the Monetary Policy Rate (MPR) further at a time global central banks are marching on with their interest rate hiking cycle despite the increasing […]