Ripple effects: oil prices, politics and power

The Nigerian capital, Lagos. What impact will falling oil prices have on the country's economy?

Oil plays an integral part in the landscapes of the global and local economy. The price of oil holds great importance for the public’s fuel bills, for countries’ currencies and budgets and for the general health of the macro-economy. Since June 2014, the price of Brent crude has fallen by over 55%. The principal reason… Continue Reading ➤