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   Market Date: 18-12-2014   
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Oil Sector

  1. Nigeria: Oil Price now -$9.36c below Benchmark - 181214


    # Proposed oil price benchmark for Nigeria's 2015 budget * Difference between Nigeria's benchmark and oil prices Brent Price is as at 15:10:55 GMT- Dec -18, 2014
  2. Oil Price drops to $55 as Nigeria retains benchmark of $65 in 2015 budget - 171214


    # Proposed oil price benchmark for Nigeria's 2015 budget * Difference between Nigeria's benchmark and oil prices Brent Price is as at 15:12:59 GMT- Dec -17, 2014
  3. Oil Price drops to $57.92c today, YTD change of $49 - 161214


    # Proposed oil price benchmark for Nigeria's 2015 budget * Difference between Nigeria's benchmark and oil prices Brent Price is as at 15:14:59 GMT- Dec -16, 2014
  4. Nigeria: Oil drops to $58.65c today - 151214


    # Proposed oil price benchmark for Nigeria's 2015 budget * Difference between Nigeria's benchmark and oil prices Brent Price is as at 14:30:59 GMT- Dec -15, 2014
  5. The declining benefits of OPEC membership for Nigeria


    The decision of the OPEC meeting in Vienna on 27 November to hold its production quotas at 30.0 mbpd was a victory for Saudi Arabia and its Gulf allies with sizeable fiscal buffers. It was therefore not popular with OPEC members without such defenses such as Nigeria, Libya and Venezuela.
  6. How Oil Prices and Exchange Rate fared – 151214


    At the end of trading on Friday, we examine how the Naira has fared against the dollar barely three (3) weeks after the Central Bank’s devaluation of the naira.
  7. RECALL: All Eyes on Kenya: The Next Big Oil Exporter


    Not even the specter of a spillover of Islamic extremism from Somalia can dampen the atmosphere in Kenya, where commercial oil production is expected to begin in 2016 and discovery after discovery has made this the hottest and fastest-paced hydrocarbon scene on the continent.
  8. Oil Price Tumbles After OPEC Releases 2015 Forecast


    The demand for oil in 2015 will drop to its lowest level since 2002 because of an oversupply of crude and stagnant economies in China and Europe, according to OPEC's latest forecast. And that's just one of several sour estimates.
  9. Nigeria: Oil Price Drops to $62.33 - 101214


    # Proposed oil price benchmark for Nigeria's 2015 budget * Difference between Nigeria's benchmark and oil prices Brent Price is as at 15:06:59 GMT- Dec -10, 2014
  10. Nigeria: Oil Price drops by $1.24c against 2015 benchmark - 091214


    # Proposed oil price benchmark for Nigeria's 2015 budget * Difference between Nigeria's benchmark and oil prices Brent Price is as at 15:29:59 GMT- Dec -09,2014
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