Tag: Angola

  • After the Boom: Angola’s Recurring Oil Challenges in a New Context

    By: Lucy Corkin

    Angola is one of Africa’s most established petro-states, with initial forays into the country’s oil acreage predating national independence. A failure to diversify the economy significantly away from the now well-established oil industry proved disastrous during the global financial crisis of 2008-9: the plunge in oil prices by nearly two thirds from a high of USD147 forced […]

  • New swings for West African crudes

    By: Bassam Fattouh , Amrita Sen

    While most recent analysis has focused on the potential impact of the US ‘tight oil’ revolution on global oil supplies and oil price levels, the impact on the shifts in trade flows and on the dynamics of price differentials has received much less attention. This is quite surprising, as the recent transformations in the US […]