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CEMAC: Surge In Price of Exported Energy Products

In the second quarter of 2021, the prices of energy products exported by CEMAC countries (oil and gas namely) rose by 12.2 per cent. According to a report published recently by the Bank of Central African States (BEAC), the price acceleration is a little below the +35.5 per cent recorded during the previous quarter. Specifically, in second quarter of 2021, the price of a barrel of crude oil appreciated by 13.1 per cent, against 9.3 per cent for natural gas. “This improvement in the prices can ...

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