A pump jack used to help lift crude oil from a well in South Texas’ Eagle Ford Shale formation stands idle in Dewitt County Texas

Oil prices drop on potential increase in OPEC output

Oil prices fell on Thursday on expectations that OPEC members will step up production in the face of worries over supply from both Venezuela and Iran. A surprise build ... Read More
Worker looks at pump jack at oil field Buzovyazovskoye owned by Bashneft company north from Ufa

Is Oil About To Become Front-Page News? “A Glut That Held Prices Down For Years Is Essentially Gone”

    Here’s a new indicator for you: It seems that the difference between the price of oil here and abroad is a measure of tightness in the market, ... Read More
Crude oil drips from a valve at an oil well operated by Venezuela's state oil company PDVSA, in the oil rich Orinoco belt, near Morichal at the state of Monagas

Oil prices rose on Monday as markets reacted to news

Oil prices rose on Monday as markets reacted to news that China and the United States have put a looming trade war between the world’s two biggest economies “on ... Read More
Romantik Seehotel Jaegerwirt

European cities hotel forecast 2018 and 2019; Strong demand forecast

PwC Global has released the results of its research on European cities hotel forecast 2018 and 2019. According the release, European cities saw unprecedented hotel performance in 2017. Almost ... Read More
oil platform in sea

OPEC won’t stop when Oil hits $80

OPEC is not in a rush to start winding down the production cuts despite oil prices continuing their strong rally, with Brent briefly breaking above $79 a barrel on ... Read More
Hedge Funds

Index Funds vs. Hedge Funds: Buffett’s Bet, 10 Years Later

Warren Buffett is of course as the golden-touch investor who is chairman and CEO of Berkshire Hathaway. Each year he writes a letter to his shareholders, and along with ... Read More

How much does your country invest?

Last year, total investment (both from the public and the private sectors) by European Union (EU) Member States amounted to almost €3 100 billion. Construction accounted for about half ... Read More
artificial intelligence

Artificial intelligence, or can machines think?

  Artificial intelligence (AI) is seen as both a boon and a threat. It uses our personal data to influence our lives without us realising it. It is used ... Read More

Iran is preparing to introduce its own brand of crude to the global market

While US President Donald Trump moves to withdraw his country from the Iran nuclear deal, Tehran is preparing to introduce its own brand of crude to the global market. ... Read More

Diamond prices stable amid slow April trading

The diamond market was seasonally quiet in April as dealers took vacation over the Passover and Easter holidays. Polished prices were steady, with manufacturers protecting their profit margins against ... Read More
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