April 13, 2022/AEC With over 600 million people without access to electricity, Africa cannot and should not leave its oil and gas resources in the ground While western nations are calling for the abrupt end to fossil fuel utilization in Africa, countries such as the UK and Norway continue to […]
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Oil Prices Rise As Chinese Demand Begins To Rebound
April 12, 2022/OilPrice.com Chart of the Week Diesel Cracks Have Never Been This Good – Confirming the unprecedented tightness in middle distillates across the globe, low-sulphur diesel continues to trade at a widely steep premium vs Dated Brent, currently at around $38 per barrel. – Whilst […]
Bears Sustain Hold on Nigerian Bourse as MTNN Pulls Down Market -0.5%
April 7, 2022/Cordros Report EQUITIES The domestic bourse closed lower following the markdown in MTNN. Thus, the NGX ASI dipped by 0.5% to close at 46,543.51 points. Accordingly, the Month-to-Date loss increased to -0.9%, while the Year-to-Date return moderated to +9.0%. The total volume of trades declined by 6.7% to […]
