US Shale Could Crash the Oil Market Recovery

The oil price crash was the result of a severe decline in international oil demand thanks to the spread of the novel coronavirus, made infinitely worse by an ensuing oil price war between the leading OPEC+ members of Saudi Arabia and Russia.

Tracking Trade During the COVID-19 Pandemic

Most trade takes place by sea, and—for navigational safety purposes—virtually all cargo ships report their position, speed, and other information many times a day. A new IMF methodology using these data can help better inform us how international trade is affected by the COVID-19 pandemic.

COVID-19: What we Learnt One Week after Gradual Ease of Lockdown

On 4th May, the first phase of the gradual ease started and residents of Lagos state and Abuja were able to go out to their places of work again. As an independent economic research group, we also set out to observe how the citizens went about their economic activities, how they conveyed themselves, the cost associated with the movement as well as the activities of the transport unions in enforcing social distancing.