Sentences with phrase «failed oil sector»
«We must henceforth stop relying on the failed oil sector and seek for ways to sustain the economy through the promotion of the non-oil sectors.
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The oil price recovery that analysts and investors were expecting early this year have failed to materialize, battering the energy sector stocks in 2017.
It is all the more galling then that, despite the huge budget deficit, UK taxpayers are being asked to bail out the oil sector, which for years has failed to put in place a sustainable strategy resilient to changes in demand and price volatility.