Africa oil boom fades over sub $50 crude

Africa oil boom fades over sub $50 crude
*Door shuts on high-cost deals 21 November 2015 – “On the brink of a boom,” was the banner on PricewaterhouseCoopers LLP’s review of Africa’s oil industry 16 months ago. Now, oil below $50 has made more than two out of three investment projects on the continent non-viable. “Capital markets are effectively closed to the oil […] More »
Africa oil boom fades over sub $50 crude Africa oil boom fades over sub $50 crude Reviewed by Crude Oil Facilitators on 14:30 Rating: 5

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