The federal government has been advised to cut down its N54.99 trillion 2025 budget to reflect a less favourable oil price environment. The International Monetary Fund (IMF), which made this call, also warned that the country remained vulnerable to external shocks despite recent macroeconomic gains. In its latest Article IV Consultation with Nigeria, the IMF […]
Lower Oil Prices: Reduce 2025 Budget, IMF Urges Nigeria Read More »
…Forecasts 3.4% economic growth for Nigeria in 2025 …Calls for sustained tight monetary policy, ‘robust’ FX reform …$17.4trn upstream investment required to avoid global market deficit — OPEC By Seun Ibiyemi The International Monetary Fund (IMF) has cautioned that Nigeria remains vulnerable to external economic shocks despite notable macroeconomic reforms, calling on the Federal Government
Oil prices: IMF urges FG to review 2025 budget outlook, warns of fiscal vulnerability Read More »
August WTI crude oil (CLQ25) today is down -0.66 (-1.01%), and August RBOB gasoline (RBQ25) is down -0.41 (-0.20%). Crude oil and gasoline prices are under pressure today due to expectations that OPEC+ will increase its crude production level by another 411,000 bpd when they meet on Sunday. Comments from President Trump also weighed on
Crude Oil Price Pressured by Global Oversupply Concerns Read More »
Indian Rupee weakens despite broader US Dollar softness, pressured by equity losses and higher Oil prices. The USD/INR bounces from 85.50 support, hovers near the 50-day EMA. US-India interim trade deal expected by July 8, tariff risks and Fed rate cut bets in focus. The Indian Rupee (INR) trades on the back foot against the
USD/INR recovers as Rupee slips on Oil bounce, equity weakness Read More »
Julianne Geiger Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. More Info By Julianne Geiger – Jun 28, 2025, 1:30 PM CDT California’s politicians want you to believe they’re trying to rein in sky-high gas prices. They’re not. What’s really happening is years
California’s Gasoline Crisis Was Manufactured—Now They’re Pretending to Fix It Read More »
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Crude calculations: Assessing Canada’s vulnerability to oil prices Read More »
The Indian Rupee gains for a second day, supported by softer crude Oil prices and a weaker US Dollar. US President Donald Trump announces a “complete and total” ceasefire between Iran and Israel, calming global energy markets. S&P Global Ratings raises India’s FY2025 growth forecast to 6.5% and sees moderate inflation ahead. The USD/INR pair
USD/INR dips on Iran-Israel ceasefire relief and softer Oil prices Read More »
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Rupee holds near 86.75 against USD as investor focus shifts to rising crude prices Read More »
Continue reading with one of these options: Limited Access Free Login to get access to some exclusive stories & personalised newsletters Login Now Unlimited Access Starting @ Rs120/month Get access to exclusive stories, expert opinions & in-depth stock reports Subscribe Now Uh-oh! This is an exclusive story available for selected readers only. Worry not. You’re
Asian shares rally, oil prices tumble as Trump announces Iran-Israel ceasefire Read More »
