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Tullow Oil (TLW) is one of the world’s largest gas and oil producers. Concentrated on finding oil in Africa, the company holds interest in more than 100 production and exploration licences throughout 19 countries and has 70 producing fields. Tullow Oil operates in these countries through its business units: East Africa, West Africa and New Ventures. Established in Ireland in 1985, today the company is headquartered in London, United Kingdom. Tullow Oil is listed on the London Stock Exchange (LSE), the Irish Stock Exchange (ISE) and the Ghana Stock Exchange (GSE). The company is the FTSE 250 index component.
Bank of England (BoE) cut rates for the first time in August 2024, with further easing expected in the coming months. But how low are rates likely to go?
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