May 24, 2024/CSL Research FBNH FY 2023 audited numbers showed strong growth in both Interest and Non-Interest Income. Interest Income was up 74.0% y/y (13.4% above our forecast) driven by growth in Interest Income on both Investment Securities and Loans. Net Loans to customers were up 67.8% y/y (including the […]
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Oil Prices Remain Under Pressure Despite Rising Gasoline Demand
May 24, 2024/Oilprice.com A combination of crude inventory builds and high interest rates continued to weigh on oil prices this week, with Brent and WTI both trading near three-month lows. Friday, May 24th 2024 Oil prices have been declining for four consecutive days, driven lower by the Federal Reserve’s reluctance to […]
Sonatrach-ExxonMobil Gas Deal to Open New Play in the Ahnet-Gourara Basin
The deal signifies a pivotal step in Algeria’s hydrocarbon development, marking a strategic partnership aimed at tapping into the nation’s gas reserves May 24, 2024/AEC Algeria’s state oil company Sonatrach and energy major ExxonMobil have signed a deal to develop two major gas fields in southern Algeria’s Ahnet and Gourara […]
