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.
Continue Reading http://www.bloomberg.com
Join the Discussion