South Sudan financial state

Famine has been declared in parts of South Sudan, where UN agencies warned on Monday that war and a collapsing economy have left 100,000 people facing starvation As mentioned in this article (https://www.funds-money.com/oil-and-gas-companies/) that other Oil Companies are taking advantage the South Sudan’s vulnerable financial state. What are your thoughts on this?

It's a tragedy. I am not sure what is there to say that can encompass the situation.

Whatever are thoughts, they will not help at all and only acts from the people there needs to be taken.

In such poor and far away from the world country, the companies will even not take all measures to keep the environment in order to maximize their profits, because they count on that that 'the king is a cash' and they have it, but the Sudan government and the population doesn't. They just enter, take what they can and when leaves all is staying in ruins.
But, this is not surprising .... and most likely will not be changed ...

Hi, I am thankful to you for sharing your thoughts.

It is a problem but I am not sure how this information can be used for trading. Do you have any ideas?

Economic crisis had a negative impact on the oil as it led to a steep decline in oil prices.

michalinaobrien posted:
Economic crisis had a negative impact on the oil as it led to a steep decline in oil prices.

Sudan is on 32-nd place in the list of oil producer's countries. I do not believe this would impact the price at all.

Ahh, poor situation. But I agree that there will be no impact on the trading market.

Rihann posted:
This is the capital state ...

What is the capital state? I am not sure I understand what you mean?