A global price war in crude oil saw the price per barrel drop below $28 this month, as a supply glut and weak global growth continue to hammer the commodities sector as a whole.
Positive development for the frontier market
More firms expected to cancel dividends
Equity markets across the globe have staged a come-back after falling into a bear market earlier this week, boosted by hopes of further stimulus measures from the ECB and a 6% rise in oil prices.
FTSE 100 dipped below 5,685 points
2016 could turn out to be an interesting year for equities but investors will need patience, commitment and steady nerves in large doses, according to Charles L. Heenan, investment director at Kennox.
Themes of 2015 to continue