Luanda — French president François Hollande expressed conviction that Angola will manage to overcome the challenge amid the fall in oil prices at the world market which also impact the Angolan economy. The French Statesman said that there is a tendency of the oil price to increase, given the “important reserves in Angola”. François Hollande […]
Tag Archives: Falling
April 2, 2015 Source: U.S. Energy Information Administration, based on Evaluate EnergyNote: Hedging is a financial risk-reduction strategy that market participants can use to lock in future prices. The decline in crude oil prices since last summer has had a direct impact on oil producers’ sales revenue, but hedging strategies have lessened the effects of […]
March 17, 2015 Source: U.S. Energy Information Administration, Republished March 17, 2015, 10:00 a.m., text was modified to clarify content. EIA’s most recent . The DPR estimates, which were issued on March 9 and cover the months of March and April, include the first projected declines in crude oil production in these regions since publication […]
opinion By Masahudu Ankiilu Kunateh Seven months since crude oil prices began to tumble on the international market, no concrete step has been taken by the government to mitigate the risks of the falling prices on the Ghanaian economy. The Institute for Fiscal Studies (IFS), a leading Accra based economic think tank, has revealed in […]
By Alhaji Mustapha Iddrisu Energy Analyst, Takoradi The main reasons for plummeting crude oil prices are principally increasing US shale production and falling demand from China and Europe. The crude oil prices have declined for about 55% since June 2014 due to sluggish global demand and rising shale production from the US. In the international […]
editorial The global oil market recently witnessed an 18 per cent fall in prices in the third quarter of this year, when they hit an average $ 95 per barrel. Several factors have been blamed for this trend. On one hand is the weak demand from Europe that is yet to fully recover from the […]
