March 10, 2022/United Capital Research Nigerian oil marketers have in the past week expressed worry over the recent surge in the prices of Automotive Gas Oil (AGO) otherwise known as diesel, JetA1 (otherwise called Aviation fuel), and Premium Motor Spirit (PMS), owing to trickled shocks from recent Russia-Ukraine geopolitical tensions. […]
OPINION/EDITORIAL
Russia-Ukraine Crisis; A Big Push to Inflation for as long as the Crisis Persists
March 10, 2022/CSL Research Brent oil price is still on the rise, closing yesterday at US$111.14/bbl as the Russian Ukraine crisis continues. The rise in global crude oil prices has been pushing up the cost of Automotive Gas Oil (diesel); JetA1, otherwise called aviation fuel; as well as Premium Motor […]
Greenfield investments in Uganda’s oil and market will help increase overall capital expenditure between 2022 and 2025
Greenfield investments in Uganda’s oil and market will help increase overall capital expenditure between 2022 and 2025. Image credit: AEC. March 10, 2022/AEC According to the African Energy Chamber’s (AEC) Q1 2022 Outlook, The State of African Energy, as the region sees relatively increased sanctioning activity, 2022-2025 cumulative capital expenditure […]
