August 10, 2022/United Capital Research Last week, the Organisation of Petroleum Exporting Countries (OPEC+) members met for the 31st joint technical and ministerial meetings amid sanctions on Russia and rising global energy prices. Given the rapidly evolving oil market fundamentals, OPEC+ agreed to adjust the production level in September upwards […]

August 10, 2022/CSL Research Amid the growing clamour for economic diversification, the National Bureau of Statistics (NBS) is drawing attention to the country’s mining activities as it published the solid mineral production statistics report for 2021. From the data, in 2021, the country produced 89.48m tons of mineral resources in […]

August 9, 2022/OilPrice.com Chart of the Week – Ever-increasing energy costs are weighing on European consumers, with EU inflation nearing double-digit territory and the UK expecting a spike towards 13%, mostly driven by soaring gas prices.  – Almost all European countries will be seeing increases in food prices in the […]