Saturday, April 02, 2016

The Dominos Begin To Fall

'Fragile five': These OPEC producers are on the verge of collapse if oil prices don't stabilize soon

The global oil price rout has left many oil producers reeling across the world. From Canada to Norway, Saudi Arabia to Russia, none of the world's largest oil exporters have been spared from oil prices that declined 45 per cent last year alone. While some of the biggest producers will stumble along, five oil-producing economies are…