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Difference in fortunes
The plunge in oil prices is being deeply felt across Africa, creating ‘winners’ made up of net oil importing countries and ‘losers’ in net oil exporting countries. However, the impact is asymmetrical – the negative effect on net oil exporters is much greater than the benefits for net oil importers. Lucie Villa, Moody’s Vice President – Senior Analyst, explains.
Article details
Journal title: Petroleum Review
Publisher: Energy Institute
Subjects: Banking, finance and investment, Oil markets, Policy and Governance, Economics, business and commerce, Energy consumption, Crude oil, Natural gas, Petroleum reserves - forecasting, Oil prices
