(EnergyAsia, August 30, Thursday) — There was a silver lining in the high price of oil for Sri Lanka’s economy in the first half of this year. Its trade deficit shrank 12% as the country was forced to sharply cut back its oil import as prices stayed largely above US$70 a barrel.Sri Lanka’s Central Bank…
SRI LANKA: Lower oil imports helped reduce trade deficit in first half of 2007
Posted on August 29, 2007 by EnergyAsia