Thursday 1 October 2015

These charts show how $50 crude cripples oil-addicted Norway

These charts show how $50 crude cripples oil-addicted Norway

A 60 percent drop in oil prices has hit Norway right in the jugular. Growth has come to a virtual halt in a nation that has counted on petroleum for almost a quarter of its output. Its reliance on crude has increased since 2000, with the number of oil-related jobs doubling and now accounting for one in nine.
Read more: http://ift.tt/1JHnGMO

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