Daily Archives: August 31, 2020

  • The oil price/production paradox

    Nigeria’s public finances work well when oil prices are above US$50.00/bbl (better still, above US$60.00/bbl). Though prices are trending in that direction the prospect the Democratic Party winning November’s presidential election puts a question mark over the trend next year.  And the Organization of the Petroleum Exporting Countries (OPEC) insists on Nigeria cutting its production …

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Year Ahead-Re-risking the financial system

Year Ahead 2020: Re-risking the financial system

Oil prices: In a global oil market threatened with over-supply, it appears that OPEC, and its ally Russia, are doing a good job of limiting production.