Nigeria is a fascinating country, with so much potential yet so many challenges. It is the largest oil producer in Africa, and has 37 billion barrels of proven oil reserves (10th largest in the world). It is also the holder of the largest natural gas reserves in Africa. For all intents and purposes it is also a petro state, with 95% of its export earnings coming from oil, which account for 65% of its budgetary revenues. » read more
Posts Tagged ‘Opec’
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Feb 7 2013 @ 8:52pm by Matt Smith in Crude Oil, Economy, Global Energy, Natural Gas, risk management, Risk Strategy
From Theft To Piracy To Flaring To….Hope?
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Dec 11 2012 @ 2:56pm by Matt Smith in Crude Oil, Global Energy
File Under: Opining About Opec
Today’s lunchtime appearance on Fox Business with Melissa Francis was a lot of fun; we put the world to rights regarding all things Opec (Opecian?). Hark, click on the below mug shot to launch to the clip:
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Nov 16 2012 @ 9:57am by Matt Smith in Crude Oil, Economy, Global Energy
File Under: I Had No Idea What The Udder Guy Was Wearing
I once again had the good fortune to appear on CNBC’s Squawk Box this morning to discuss oil and its tussle between geopolitical tension and bearish economic news. I also had no idea until I saw this clip that the ‘udder’ guy in the segment was dressed like a cow. Hark, click on the below mugshot to launch to it:
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Aug 22 2012 @ 3:53pm by Matt Smith in Crude Oil, Economy, Global Energy, risk management
Music Scenes And Sanctions
The reason I am writing about two seemingly unrelated topics is because both starkly highlight the current shortcomings and challenges faced in the country that is Iran.
I randomly picked up a book called Heavy Metal Islam a few months ago by Mark LeVine, which (as the subtitle succinctly explained) is about rock, resistance, and the struggle for the soul of Islam. With my EnergyRadar™ always switched on, I was immediately drawn to the chapter about Iran (fortuitously, you can read it here). » read more
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Jun 21 2012 @ 10:55am by Matt Smith in Capital Markets, Crude Oil, Economy, Global Energy, Natural Gas
10 BIG numbers!
Alrightee, so let’s trundle along a similar path to the last post with another bunch of tidbits. But these ones have a theme – that of being BIG numbers which are defining, dictating, and dominating current markets. » read more
