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S. Sudan optimistic rising oil prices will boost economy

December 4, 2017 (JUBA) - South Sudan said on Monday that it hopes to reap from the global rise in oil prices to uplift an economy weakened by nearly four years of civil war that led to a halt in the nation's oil production.

"The oil market is appreciating now very well the oil price is going up its 65 dollars a barrel and yet in South Sudan, it's something we need to celebrate because our economy is driven by oil. We are going very well in the oil industry,"...

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Published By: sudantribune - Tuesday, 5 December