Debt repayments in crude cripple poorer oil producers

Debt repayments in crude cripple poorer oil producers
24 May 2016, London — Poorer oil-producing countries which took out loans to be repaid in oil when the price was higher are having to send three times as much to respect repayment schedules now prices have fallen. This has crippled the finances of countries such as Angola, Venezuela, Nigeria and Iraq and created a […] More »
Debt repayments in crude cripple poorer oil producers Debt repayments in crude cripple poorer oil producers Reviewed by Crude Oil Facilitators on 13:42 Rating: 5

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