Image Credit: IMF IMF COUNTRY FOCUS By Yushu Chen and Galen Sher A partial shutoff of Russian gas is already piling pressure on Germany’s economy. In July, we estimated that a complete shutoff of the remaining (40 percent of) Russian gas supplies would reduce gross domestic product by almost 3 percent next year and […]
OPINION/EDITORIAL
Oil Prices Fall As Demand Concerns Persist
August 12, 2022/OilPrice.com Crude prices fell on Friday morning, erasing some gains as traders remain cautious to go long on crude again. Oilprice Alert: This month’s Intelligent Investor column, now available for Global Energy Alert members, compares two of the most promising Canadian oil stocks on the market. If you’re an investor in […]
Nigeria’s Output Still Significantly Low
August 12, 2022/CSL Research Based on data from its latest Monthly Oil Market Report for August 2022, OPEC stated that crude oil production figures based on direct communication indicated that Nigeria’s output dropped by an average of 74,000 barrels per day in July. The data showed that Nigeria’s oil production […]
