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Brent

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Commodities

Brent Crude Tops $116, a Six-Month High: What It Means for Nigeria, Angola, Kenya and Africa's Oil Importers

Brent crude topped $116 a barrel on 23 October after Houthi attacks on Saudi Arabia. What the six-month high means for African exporters, importers and FX.

3 min read

An oil derrick silhouetted against an orange sunset sky, beside a rising candlestick price chart.
Commodities

Brent at $110: Which African Economies Gain and Which Lose

Brent at $110 splits Africa in two. Nigeria and Angola gain export revenue while Kenya, Ghana and South Africa face higher fuel bills and inflation.

4 min read

Alt Text: A landscape-format financial news cover image for Market Pulse Africa. The top background is a detailed, golden-hour photograph of an offshore oil platform in the Gulf of
Macro & Economy

FMDA projects Nigeria’s current account surplus at $8.69bn in Q3 on stronger oil earnings

The Financial Markets Dealers Association projects Nigeria’s current account surplus will widen to $8.69 billion in the third quarter of 2026. The forecast rests on lower import demand and elevated crude oil prices after a $7.54 billion surplus in Q2.

2 min read

Oil barrels and a falling crude price chart representing lower global oil prices and their impact on African economies.
Macro & Economy

Oil Falls More Than 5% This Week: What Lower Crude Prices Mean for African Economies

Brent crude fell more than 5% this week, creating contrasting consequences across Africa. Oil-producing economies face pressure on government revenues and foreign exchange, while importing countries could benefit from lower fuel and transport costs.

5 min read

Brent crude oil barrel at $60 with an African energy market background, subtle map of Africa and financial charts, representing fiscal pressure on Nigeria, Angola and Cameroon as o
Commodities

Brent Crude at $60: How African Oil Exporters Are Adjusting to a Lower-Price World

The World Bank projects Brent to average $60 per barrel in 2026 — down from $68 in 2025. For Nigeria, Angola and Cameroon, the budget arithmetic is changing.

2 min read