The Budget 2017/18 assumes a Tapis oil price of $55/barrel. However, at such low oil prices, oil companies can’t make sufficient investments to offset decline in existing oil fields. Therefore, the International…
The Budget 2017/18 assumes a Tapis oil price of $55/barrel. However, at such low oil prices, oil companies can’t make sufficient investments to offset decline in existing oil fields. Therefore, the International…