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Saudi Purge As Oil Supply Fall
Article By:
Phil Flynn
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Monday, November 6, 2017 7:57 AM EDT
Oil refiners have fallen behind the curve and are struggling to keep up with global oil demand.
In this article: OIL
Geopolitics & Wild Cards: Full Week Ahead Preview
Article By:
The Heisenberg Report
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Monday, November 6, 2017 4:38 AM EDT
It’s as yet unclear what the fall out from the Saudi situation will be in global markets. The initial knee-jerk was lower in Saudi shares, but by the end of the session on Sunday, a remarkable reversal resulted in a green close.
In this article: OIL
Does This News Show South Africa Mining Surging Or Sinking?
Article By:
Dave Forest
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Saturday, November 4, 2017 9:55 AM EDT
Wwith major positive developments being followed by significant setbacks, it's raising the critical question of whether the sector is on the verge of a comeback, or a descent into deeper chaos.
Russia’s Energy Influence Grows Again With This $30B Deal
Article By:
Dave Forest
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Friday, November 3, 2017 12:05 AM EDT
Watch for more deals coming from Russia’s oil giants, who appear to be on a massive acquisition spree.
In this article: RNFTF
How To Diversify Your Exposure To The Middle East
Article By:
WisdomTree
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Wednesday, November 1, 2017 11:31 AM EDT
Is investing in the middle east going to pay off?
In this article: GULF
Nigeria’s Manufacturing Sector Remains Steady
Article By:
Samed Olukoya
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Wednesday, November 1, 2017 8:15 AM EDT
Manufacturing sector sustained growth for a seventh consecutive month in October, according to the data released by the Central Bank of Nigeria on Tuesday.
Nigeria Generates N797Bn Revenue From VAT In 10 Months
Article By:
Samed Olukoya
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Wednesday, November 1, 2017 6:33 AM EDT
The series of changes implemented by the federal government to reduce leakages and boost revenue generation have started crystalizing as the revenue from Value Added Tax surged to a record high in 10 months.
CBN Boosts Forex Liquidity With Another $286m
Article By:
Samed Olukoya
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Saturday, October 28, 2017 7:39 AM EDT
The Central Bank of Nigeria on Friday deepened its effort at converging forex rates and prop up the Naira value by injecting forex into four sectors of the economy.
In this article: NGE
Saudi Rhetoric Sends Oil Prices To Two-Year High
Article By:
Tyler Durden
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Friday, October 27, 2017 11:47 AM EDT
Comments made by Saudi Arabia’s Crown Prince Mohammed bin Salman (MBS), sent Brent crude to its highest in more than two years (highest since July 2015), above $60 a barrel.
Saudi Prince Greenlights Aramco IPO
Article By:
Daily Forex
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Thursday, October 26, 2017 9:33 AM EDT
Prince bin Salman has been a long-time supporter of diversifying the country’s economy and expanding beyond oil production, a goal which is expected to loom closer with Aramco’s IPO.
In this article: OIL
Crude Oil Gains As OPEC Plans To Extend Production Cuts
Article By:
Samed Olukoya
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Tuesday, October 24, 2017 12:46 PM EDT
Global oil prices gain on Tuesday following the news of OPEC planning to extend production cuts and work on a viable exit strategy.
Budgeting For The Great Unknown In 2018–2020
Article By:
Paul Hodges
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Monday, October 23, 2017 1:38 PM EDT
"There isn't anyone who knows what will happen over the next 2 - 3 years" says the UK finance minister. So it's time to prepare contingency plans for rising interest rates, a China slowdown, trade protectionism/Brexit and growing political chaos.
Emerging Markets: Week Ahead Preview - Oct. 23
Article By:
Marc Chandler
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Sunday, October 22, 2017 5:34 PM EDT
EM FX ended the week on a soft note. Nearly every EM currency was down for the entire week, led by ZAR, BRL, and TRY. While higher US rates will pressure EM FX, heightened political risk will continue to hit these three currencies hard.
Bitcoin At Record High; Breaches $6,000 Level
Article By:
Samed Olukoya
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Saturday, October 21, 2017 11:42 AM EDT
The world’s most famous digital currency, Bitcoin, reached another milestone on Saturday following the rumor of cash shortage in Zimbabwe and an increase in margin trading.
In this article: BITCOMP
Zimbabwe Panic Sends Bitcoin Soaring Over $6000 - Now Bigger Than Goldman Sachs
Article By:
Tyler Durden
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Friday, October 20, 2017 11:34 AM EDT
Cryptocurrencies are broadly higher this morning with Bitcoin leading the way to new record highs at $6000 - nearing $100 Billion market cap, bigger than Goldman Sachs - as demand from Zimbabwe soars (and Spanish concerns see activity rise).