How has the Africa Oil share price performed this year?

How has the Africa Oil share price performed this year? Shares in Africa Oil are currently trading at C$0.94 and the price has moved by -19.66% over the past 365 days. In terms of relative price strength - which takes into account the overall market trend - the Africa Oil price has moved by -16.69% over the past year.

What is Africa Oil Corp?

Africa Oil Corp is an international oil and gas exploration company. It is an exploration stage enterprise that participates in oil and gas projects located in emerging markets, in sub-Saharan Africa. The company operates in the business segment of international oil and gas exploration, and geographically, it operates in Kenya and Ethiopia.

How much oil does Africa have?

The upshot is that despite the continent's estimated 125 billion barrels of oil reserves and 600 trillion cubic feet of natural gas, African countries rely almost exclusively on imported petroleum products to power their economies.

What are oil stocks?

Oil stocks allow you to investin companies involved in every facet of the oil industry. Whether you’re interested in a specific portion of the market, such as drilling, or want to diversify your portfolio with an oil ETF, you can purchase these assets through a brokerage account.