a écrit le 22 juillet 2015 à 1h28 Mekat-
Welcome back!
Tough I am not an economist, it seems that growth in Angola is solely based on raw material production (oil & gas) and theirs revenues. There is also a concern I am hearing nowadays in regard to potential dumping of high volume of oil in the market by Iran when things clear up --which will definitely drag the market down. Let's not forget, they used to be second OPEC's larger supplier; surely, it may take them a couple of years to regain the loss shares of the market with significant investment. A noticeable fact is how oil price in the market has fallen from $120 to near $55 approx. I just wanted to hear your comments.
Welcome back!
Tough I am not an economist, it seems that growth in Angola is solely based on raw material production (oil & gas) and theirs revenues. There is also a concern I am hearing nowadays in regard to potential dumping of high volume of oil in the market by Iran when things clear up --which will definitely drag the market down. Let's not forget, they used to be second OPEC's larger supplier; surely, it may take them a couple of years to regain the loss shares of the market with significant investment. A noticeable fact is how oil price in the market has fallen from $120 to near $55 approx. I just wanted to hear your comments.
