Tag: OPEC

Saxo Bank’s Predictions for 2016

Saxo Bank, the online multi-asset trading and investment specialist, has today released its annual set of ‘Outrageous Predictions’ for the year ahead. These are 10 unlikely, yet perhaps underappreciated, events that could have significant consequences on the financial landscape as…

Venture Explains: Cheap Oil

For as long as they last, cheap oil prices have far-reaching implications.  Why are oil prices so low? Fracking, which involves shooting a mixture of water, sand, and chemicals into the ground to crack open deposits of oil and natural gas,…

How Low Can Oil Go?

The oil market’s reaction to America’s renewed military operations in the Middle East has been counter to normal expectations. Rather than rise in price, Brent dropped from $115 in June to below $100 in September. How can this correction be…