Articles on Oil boom

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OPEC can’t stop the flow. Isaac Urrutia/Reuters

Is OPEC’s oil era over?

OPEC has been declared dead in recent months as the group of oil-exporters has been unable to agree on a plan to stabilize the market. But was it really ever alive in the first place?
High-rise buildings amid shacks in Luanda. President Dos Santo has announced plans to retire amid growing unease among Angolans over deepening poverty despite a recent oil boom. Reuters/Siphiwe Sibeko

Dos Santos maintains the status quo while suggesting change in Angola

Angola's Dos Santos is buying time. His promise to step down is an attempt to diffuse growing political tensions, as repression continues. He might relinquish his position, but not his power.

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