Countries Suffering Most From the Oil Price Crash

Countries Suffering Most From the Oil Price Crash
(AP Photo/Ronald Zak)

In addition to the apparent financial crunch that many in the oil industry are feeling today, oil traders, national oil companies, shippers, oil giants, pipeline companies, or small oil companies in the shale patch are weathering a variety of oil market storms, including a shifting geopolitical power landscape, fierce and costly market share battles, and impossible future planning.  Much ado has been made about the dire situation that some of the powerhouses in the market now face, such as Saudi Aramco (who, in the midst of the war for market share in April exported an additional 3 million barrels per day in April in a rather nice balance sheet addition) and the recent job cuts, and the pickle of having to keep up their dividends while cash strapped. But here is a look at some of the other oil market players that are finding themselves on equally dangerous footing.

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