Tag: oil futures

How the oil market fall impacts Angola’s economy

The oil rich African country of Angola who will be negatively impacted by the U.S oil price dip that occurred yesterday, Rui Oliveira, CEO at BFA Asset Management joins CNBC Africa for more.

COVID-19: Global oil markets collapse due to oversupply

Joining CNBC Africa to discuss the latest in the oil markets after yesterday’s historic US oil futures price fall of zero dollars is Stephen Innes, Global Chief Markets Strategist at AxiCorp.

Behind the oil price collapse

Oil prices went into free fall today as inventories piled up, raising concerns storage capacity could run out in the near term amid low demand made worse by COVID-19 lock-downs worldwide. Christopher Haines, Analyst, Global Crude at Energy Aspects spoke to CNBC Africa for more.
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