Crude oil consumption in Africa is mainly focused on a few big economies, with Egypt, South Africa, and Nigeria leading the ...

The high cost of petrol in oil-producing countries is the result of a combination of market forces, policies, and economic factors.This elevated cost of petrol, or Premium Motor Spirit (PMS), can be ...

South Africa — this country has by far the largest ... Angola — one of the most mineral and oil-rich countries in the world, Angola now has a booming class of ultra-rich people, with a 482% ...

Angola is the second largest oil producer in sub-Saharan Africa and one of the continent’s richest countries. Yet more children under the age of five die there than in most places in the world.­ Most ...

it certainly makes up for it with huge oil reserves. The country in question is Saudi Arabia, one of the richest nations globally. Despite its desert terrain and scarce rainfall, the Kingdom has ...

Africa, often called the cradle of civilisation, is a continent rich in resources, culture, and human capital. Despite its vast wealth, ...

The intergovernmental organization — which has since expanded to 13 members across the Middle East, Africa ... five petroleum-rich countries in 1960. At the time, the global oil market was ...