Additional Drilling Points In The US To Drive Oversupply in The Oil Market

Additional Drilling Points In The US To Drive Oversupply in The Oil Market

Author: Africa Business Radio March 19, 2018 Duration: 0:56
Oil prices fall this Monday morning as the US added Four new drilling points leading to higher output which is said to drive oversupply of the commodity in the coming days.
U.S. West Texas Intermediate (WTI) crude futures were at $62.14 a barrel at 0739 GMT, down 20 cents, or 0.3 percent, from their previous close.
Brent crude futures were at $65.99 per barrel, down 22 cents, or 0.3 percent.
Egypt which has become the prime territory for risk-hungry debt traders for the past 15 months, could be upstaged by other emerging markets as it begins to cut rates to spur the economy.
Exxon Mobil Corporation is working in partnership Pakistan’s large businesses on a proposal to build and supply the country’s third import terminal for liquefied natural gas, according to the nation’s minister for maritime affairs.

---

Support this podcast: https://anchor.fm/africanperspective/support

Tune into African Perspective for a grounded and detailed exploration of the continent's economic currents, brought to you by Africa Business Radio. This isn't just headlines; it's a deep dive into the mechanics, opportunities, and narratives shaping markets from Casablanca to Cape Town. Each episode moves between the granular details of a rising tech startup in Lagos and the broader, interconnected macroeconomic policies affecting trade across the 55 African Union member states. You'll hear analysis that connects local innovation to regional trends and global investment flows, offering a nuanced picture often missing from international coverage. The African Perspective podcast is built for professionals, investors, and anyone curious about the real drivers of business on the continent, providing context and insight that goes beyond the surface. By focusing on both the emerging ventures and the larger financial stories, the show paints a complete portrait of a dynamic economic landscape in constant evolution. Listen for authentic voices and expert commentary that make sense of a complex and rapidly changing environment.
Author: Language: English Episodes: 100

African Perspective
Podcast Episodes
Who is JJ Omojuwa, Really? [not-audio_url] [/not-audio_url]

Duration: 48:11
Wikipedia describes him as a Nigerian blogger, author, public speaker, socio-economic, political commentator, and social media expert, Japheth Joshua Omojuwa is all these and much more. On this intimate chat, Soji Akinla…
Episode 9 [not-audio_url] [/not-audio_url]

Duration: 7:59
Latest episode of African Perspectives --- Support this podcast: https://anchor.fm/africanperspective/support
Upcoming Regional High Policy Dialogue on Transforming Agriculture [not-audio_url] [/not-audio_url]

Duration: 16:41
The Mandela Institute of Development Studies Programme Director, Ian Mashingaidze and the Graca Machel trust Nutrition Programme Manager Rachel Toku-Appiah set the stage for the Regional High Policy Dialogue on Transform…
GAP Medical Winner. GAP Innovation Competition 2018 [not-audio_url] [/not-audio_url]

Duration: 9:50
GAP Medical WinnerDentroverThis is a Mobile dental unit targeted for the ease of access of remote and under-privileged communities.--- Support this podcast: https://anchor.fm/africanperspective/support