Crude Oil Price (US$/Barrel)
Volatile: reviving crude oil price, 2016Q2
Crude Oil Export and Production (MBPD)
Volatile: declining crude oil production, 2016Q2
Crude Oil Price: Crude oil price attained a historical low of $30.7 in January 2016 largely due to excess global oil supply.
Crude Oil Production and Export: Oil production has continued to fall in recent times on the account of sabotage on oil facilities, while crude oil export has also maintained a downward trend on the account of falling demand particularly from Asia.