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Falling oil prices and the energy industry

Geoff Riley

19th May 2015

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According to the Financial Times, the collapsing price of oil in world markets is causing many projects to be cancelled or delayed. Perhaps more than $100bn dollars worth of projects have already been affected as crude oil prices have dropped from over $100 to less than $60.

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Geoff Riley

Geoff Riley FRSA has been teaching Economics for nearly forty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD and Revision conferences in the UK and overseas.