As the U.S. dollar flexes its muscles once again and broader markets adopt a decidedly risk-off stance, oil prices are charging lower amid unknowns surrounding last week’s Brexit decision. Hark, here are five things to consider in oil and energy today. 1) Nigeria’s Minister for Petroleum Resources has said output is up to 1.8 – 1.9 million barrels per day, and could return to 2.2mn bpd amid ongoing negotiations with militants. We can see from our ClipperData in June that export volumes are stronger than last month – despite some stymied loadings of the problem grades Brass River and Bonny Light. Strength in loadings of Qua Iboe are helping to offset this – at their firmest pace since January. 2) The new and extended Panama Canal was inaugurated yesterday – a project which took nine years and $5.4 billion dollars to complete. The waterway has been doubled […]