Along with gradual reopening of global economies, production cuts are pushing prices back to $40/barrel much quicker than initially thought June 5, 2020/AEC As OPEC prepares to host the 179th Meeting of the OPEC Conference and 11th OPEC and non-OPEC Ministerial Meeting via videoconference next week, the African Energy Chamber […]
Updates
May 2020 Macro & Markets Update
June 5, 2020/InvestmentOne Report Please click to view the May 2020 Macro & Markets Update · In the month of May, there was an improvement in oil prices as Brent oil price recovered part of the losses recorded so far this year. As such, Brent oil price gained 62% to […]
Negative Sentiment Takes Precedence as NSE-ASI Dips -1.0% W/W Despite Ease of Lock-Down
June 5, 2020/Cordros Report Global Economy Following the gradual ease of lockdown instituted across China, manufacturing activities rebounded in May, after contracting in the prior month. Specifically, manufacturing PMI rose to the expansionary territory of 50.7 index points in May, from 49.4 points in April. This is not surprising as […]
