Africa Economics Weekly Africa Weekly: Nigeria oil and BRICS, Mozambique LNG delay Nigeria recently became the BRICS group's latest "partner" member, adding to the evidence that the government is trying to straddle the geopolitical divide between US- and China-led blocs. But that... 24th January 2025 · 6 mins read
Commodities Weekly Commodities Weekly: Trump starts with a bang; EU gas higher for longer? President Trump hit the ground running by declaring a National Energy Emergency and outlining his desire for lower oil prices. Whilst Trump has put the focus on ramping up oil supply to bring oil... 24th January 2025 · 4 mins read
Commodities Rapid Response Trump leaves door open for Saudi to flood the market 23rd January 2025 · 2 mins read
Middle East & North Africa Economics Weekly MENA Weekly: Saudi-US relations already warming under Trump Relations between Saudi Arabia and the US already appear to be on a stronger footing during Donald Trump’s first few days in office, adding to signs that it’s drift towards China is over. The Kingdom... 23rd January 2025 · 8 mins read
Commodities Focus What to make of Trump’s National Energy Emergency? The declaration of a National Energy Emergency underlines President Trump’s aspiration to extend the US’s dominance in global energy markets, and his willingness to use the US’s clout as leverage will... 23rd January 2025 · 17 mins read
Commodities Weekly Commodities Weekly: Commodities caught in the geopolitical crossfire As the ramp-up in US sanctions against Russia's energy sector has demonstrated, commodities are increasingly being caught in the crossfire of broader geopolitical machinations and tariff policy. The... 17th January 2025 · 4 mins read
Commodities Update Sanctions boost oil prices, but impact will fade away The recent ramp-up in US sanctions on Russia’s oil supply chain has tightened the global oil market and may keep prices higher in the near term. But we still expect greater OPEC+ supply and weak... 14th January 2025 · 3 mins read
Commodities Update US oil firms’ post-election optimism will be short-lived We doubt that US oil & gas firms’ optimism following Donald Trump’s election victory will translate into stronger growth in output as recent productivity gains falter and oil prices fall later this... 14th January 2025 · 3 mins read
Commodities Weekly Cyclical oil market drivers in the ascendancy, for now The recent rise in oil prices – to a three-month high just shy of $80pb – can be partly attributed to the apparent pick-up in activity in China at the end of 2024, which is likely to continue to... 10th January 2025 · 4 mins read
Commodities Update Assessing the risks to energy prices While upside risks to energy prices have garnered plenty of attention in recent months, there are several downside risks that are worth noting. Although we would characterise the downside risks –... 9th January 2025 · 4 mins read
Commodities Chart Pack Commodities Chart Pack (Jan. 2025) The improvement in activity growth in China has been one reason for more bullish sentiment in the oil market around the turn of the year. However, the stimulus-fuelled cyclical upturn in China’s... 8th January 2025 · 0 mins read
Event Drop-In: 2025 Commodities Outlook – Weak fundamentals vs geopolitical risk 1736953200 Brace for a tumultuous year in commodities markets as pressure from supply-demand dynamics is balanced by an increasingly volatile geopolitical picture.
Africa Chart Pack Africa Chart Pack (Dec. 2024) Falling inflation and looser monetary policy will help GDP growth to accelerate across Sub-Saharan Africa next year. A shift towards trade protectionism in the US will hurt certain sectors in certain... 18th December 2024 · 0 mins read
Africa Economic Outlook A brighter outlook but a fiscal shadow Falling inflation and looser monetary policy will help GDP growth to accelerate across Sub-Saharan Africa next year. A shift towards trade protectionism in the US will hurt certain sectors in certain... 17th December 2024 · 19 mins read
Commodities Outlook Weak market fundamentals; geopolitics the wildcard Most energy and industrial metals prices will fall in 2025 as structural headwinds to demand build and supply rises. Geopolitical developments remain a key uncertainty and it is easy to think of... 13th December 2024 · 23 mins read
Commodities Weekly China policy support is not enough to lift prices Despite announcements of stronger policy support from China, we do not think these will be enough to lift commodity prices amid growing structural headwinds to demand. With oil demand likely to... 13th December 2024 · 4 mins read
