2 million barrels of oil are extracted in the Niger Delta – costing $28.99 to extract each barrel of oil in Nigeria. This is significantly lower than the North Sea oil (at $44.33) but over three times more expensive than in Saudi Arabia (at $8.98)…
Chart of the Week: UK Trade Balance with Largest Commonwealth Economies
Already existent strong trade ties between neighbouring nations could potentially prove limiting for Britain’s trade expansion …