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Oil Price Volatility Is a Feature of Commodity Markets

Proshare

Thursday, January 25, 2018   06.17PM / FDC 

With oil prices above $70pb, a 36-month high, policy makers in Nigeria are likely to be thinking of reviewing budgetary spending upwards and looking forward to a stronger naira.
 

However, it is still too soon to celebrate as oil price volatility is a feature of commodity markets.
 

The current price is 15.73% above the average in Q4’17 and thus provides a much needed buffer against exogenous shocks.
 

The attached slides contain a snapshot of the commodities market and the burning economic issues on the domestic and global front.

Proshare Nigeria Pvt. Ltd.

Proshare Nigeria Pvt. Ltd.

Proshare Nigeria Pvt. Ltd.

Proshare Nigeria Pvt. Ltd.

Proshare Nigeria Pvt. Ltd.
Proshare Nigeria Pvt. Ltd.
Proshare Nigeria Pvt. Ltd.

Proshare Nigeria Pvt. Ltd.
Proshare Nigeria Pvt. Ltd.

Proshare Nigeria Pvt. Ltd.

Proshare Nigeria Pvt. Ltd.

 

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