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Breaking News:

Algerian Oil Output Unchanged Amid Unrest

This Supermajor Is Leading The Energy Sector

This Supermajor Is Leading The Energy Sector

This supermajor has been standing…

Finance / the Economy

Global Economy Throwing Up Red Flags For Oil

Global Economy Throwing Up Red Flags For Oil

Oct 17, 2018 at 15:53 | Nick Cunningham

Investors are feeling the most pessimistic about the health of the global economy in a decade, according to a survey from Bank of America Merrill Lynch. The gloom is spreading,…

Higher Oil Prices Could Jeopardize India’s Economy

Higher Oil Prices Could Jeopardize India’s Economy

Apr 30, 2018 at 15:40 | Tsvetana Paraskova

While oil exporting nations are benefiting from higher oil prices, oil importers face growing crude import bills that affect government finances. India—the world’s third-largest oil importer—is one of the biggest…

Russia May Feel Pinch From Oil Cut Deal This Year

Russia May Feel Pinch From Oil Cut Deal This Year

Feb 16, 2018 at 09:13 | Irina Slav

Russia’s economy may come to feel a negative impact from the OPEC-led oil production cut deal, the central bank warned, adding that it expected GDP growth during the first…

The Blockchain Revolution Is Heading To Space

The Blockchain Revolution Is Heading To Space

Jan 23, 2018 at 15:30 | Michael Kern

There is a new wave of coders and hackers looking to upend the entire internet, signaling the start of a brand new space race. No, this isn’t an episode of…

Norway’s $1.1 Trillion Wealth Fund Looks For Riskier Investments

Norway’s $1.1 Trillion Wealth Fund Looks For Riskier Investments

Jan 15, 2018 at 13:50 | ZeroHedge

Just over a year ago we noted that, after being forced to withdraw at least $15 billion to fund 2017 budget deficits, the $860 billion Norwegian sovereign wealth fund announced that…

Another Oil Exporter Unpegs From The U.S. Dollar

Another Oil Exporter Unpegs From The U.S. Dollar

Jan 11, 2018 at 10:07 | Matt Smith

In an effort to shore up dwindling reserves, Angola has decided to unpeg its currency, the kwanza, from the U.S. dollar - a peg which has been in place

Santa Is Putting Christmas On The Blockchain And Saving Billions

Santa Is Putting Christmas On The Blockchain And Saving Billions

Dec 13, 2017 at 16:30 | Julianne Geiger

So, you think that you know all there is to know about Christmas? Maybe you string enough lights on your roof to give Clark Griswald a run for his money.…

Goldman: Automated Trucks To Cost 300k Jobs Per Year

Goldman: Automated Trucks To Cost 300k Jobs Per Year

Nov 14, 2017 at 14:31 | Jon LeSage

While Google’s Waymo company has taken center stage for bringing self-driving cars to roads, autonomous trucking may make it to the mainstream first.  Silicon Valley startups, technologists, and venture capitalists…

Did Venezuela Just Default?

Did Venezuela Just Default?

Nov 14, 2017 at 09:13 | Irina Slav

S&P Global Ratings declared Venezuela in default just as the country’s Vice President Tareck El Aissami met with creditors to discuss the restructuring of its debt. According to

Could Low Oil Prices Cause A Global Recession?

Could Low Oil Prices Cause A Global Recession?

Jan 25, 2016 at 14:36 | James Hamilton

The global economy is slipping into recession. The evidence is showing up in all the usual ways: slowing output growth, slumping purchasing-manager indexes, widening credit spreads, declining corporate earnings, falling…

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