Tag: nigeria
Historical GDP of African OPEC Nations vs Oil Price
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...
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 ...