Africa Economic Outlook Recovery will peter out in 2019 Economic growth in Sub-Saharan Africa will probably strengthen over the second half of 2018, but we think that the consensus view that this year’s performance will mark the start of a multi-year... 12th July 2018 · 1 min read
Energy Data Response US Weekly Petroleum Status Report Inventories of crude oil plunged last week due to a slump in net imports. What’s more, it seems likely that the rate of growth in US crude production has slowed recently, which, if sustained, could... 11th July 2018 · 1 min read
OPEC Watch OPEC Monthly Oil Market Report (June) We think that OPEC’s production is likely to rise significantly over the next couple of months. That said, it could fall back later in the year as output from Iran is curtailed and Venezuelan... 11th July 2018 · 1 min read
Energy Watch How big a risk does Iran pose to oil supply? The most significant threat facing oil markets is the possibility that US sanctions will lead to a sharp drop in exports from Iran. This Energy Watch will examine how much oil could be lost and what... 9th July 2018 · 1 min read
Energy Data Response US Weekly Petroleum Status Report Inventories of crude oil rose last week due to a jump in net imports and lower demand from refineries. Meanwhile, the Brent-WTI spread is likely to remain fairly narrow until stock levels at Cushing... 5th July 2018 · 1 min read
Energy Chart Pack Supply concerns outweigh trade wars fears Oil prices were volatile in June, falling in the first half of the month on fears of a trade war and slowing economic growth in China. But a drop in US inventories, a smaller-than-expected increase in... 4th July 2018 · 1 min read
Commodities Chart Pack Rising protectionism drags on commodity prices Overview – Most commodity prices fell in June, depressed by escalating trade tensions and a stronger US dollar. Energy prices were the main exception. 2nd July 2018 · 1 min read
Africa Economics Weekly S. Africa employment, Nigeria targets imports again This week’s South African employment figures were less positive than they appear at first glance. Elsewhere, official economic growth slowed in Ghana in Q1. New poverty estimates caused a storm in... 29th June 2018 · 1 min read
Energy Focus Is the sun setting on the oil market? Slowing economic growth and rapidly rising fuel efficiency, partly due to a surge in the number of electric vehicles, mean that growth in demand for oil will slow and eventually peak over the next... 28th June 2018 · 1 min read
Africa Economics Update CEMAC: Recovery will not be sustained After a painful adjustment, growth in the Central African franc zone will pick up in 2018 and 2019. The region’s longer-term outlook, however, is poor. Indeed, tensions between Cameroon and its more... 28th June 2018 · 1 min read
Middle East & North Africa Economics Weekly Bahrain gets Gulf support, new gas discovery in Egypt? The announcement on Wednesday that Bahrain is in talks with the other Gulf countries over financial support reinforces our view that, despite recent worries in the markets, its dollar peg won’t be... 28th June 2018 · 1 min read
Energy Data Response US Weekly Petroleum Status Report Inventories of crude oil slumped last week due to a jump in exports and higher demand from refineries. The narrowing of the Brent-WTI spread this week may put a dampener on exports, but outages in... 27th June 2018 · 1 min read
Middle East & North Africa Economics Update Gulf: the economic impact of the revised OPEC deal Revisions to OPEC’s oil output agreement will lead to a rise in supplies from the Gulf over the coming months, providing a direct boost to economic growth. Higher production will, however, depress oil... 25th June 2018 · 1 min read
OPEC Watch OPEC agrees to boost output We expect OPEC and Russia to increase production by about 1m barrels per day over the rest of the year, which should ensure ample supply and help to pull prices down. 25th June 2018 · 1 min read
Commodities Weekly OPEC: Will they, won’t they? Most commodity prices fell sharply this week on concerns that the rise in trade tensions between the US and China could spiral into a full-blown trade war. There were particularly sharp drops in the... 22nd June 2018 · 1 min read
Middle East & North Africa Economics Weekly Egypt subsidy cuts, Saudi upgrade, OPEC meeting Hikes to fuel prices announced by the Egyptian government over the past week mean that the central bank will refrain lowering interest rates at its upcoming meeting. Meanwhile, growing tensions within... 21st June 2018 · 1 min read
