Only one thing can scare the oil market as much as the impulsive tyrants of the Middle East, and these are impulsive hedge fund managers. For the second time this year, record speculative rates to raise oil prices in American and European futures have made the market vulnerable to a sale. "No one wants to be the last in line," explains Ole Hansen from Saxo Bank. November 15, the widely traded...

Hundreds of loss-making and heavily indebted companies in Europe, especially in the southern countries, remain afloat thanks to the financing of banks and shareholders. According to economists and central banks, such zombie companies create artificial barriers to entry into markets, and their competitors are forced to cut prices. The economy cannot be cleared of weak companies and problem loans,...

Several major mergers and acquisitions in the field of high technology were announced in November in the United States. Some experts hope that a surge in activity in the technology market can stimulate the rather weak dynamics of the M&A market in 2017. However, other observers note that the uncertainty of the prospects for Donald Trump’s tax reform still prevents many companies from announcing...

Everyone was talking about the collapse of Bitcoin course by 30% literally a few days ago, but now nobody remembers it. The quotes have updated the historical maximum. A small correction has traditionally followed the maximum price, and now Bitcoin is trading just below $ 8 thousand. Thus, it took the most popular crypto currency only four days to recover from the sensational collapse. At the...

According to experts, the US will overtake Russia (the current leader) and will become the world leader in oil production by 2025. IEA specialists predict that world demand for oil will increase by about 10 percent by 2040. At the same time, the United States will become the undisputed leader in the world oil and gas market. It is expected that by 2025, oil production in the United States will...

Businessman and former Mayor of New York Michael Bloomberg believes that London will remain the global financial capital after Brexit. "New York is the financial center of the United States. London will long remain the financial center of Europe in the foreseeable future. It has what the financial industry needs", - quoted by BBC. According to Bloomberg, Britain's withdrawal from the EU is likely...

OPEC and Russia called on the world's leading oil producers, both member and non-members of the cartel, to support an agreement to limit production to the end of 2018. It is expected that OPEC will announce a consensus at the next meeting, which will be held at the end of November. It's time to remember the top 10 oil-producing countries, on which the future of the agreement depends. 10. Norway...

A real "butter crisis" has erupted in France: buyers of French hypermarkets will face a sharp deficit of butter in the near future. Refrigerating sections in the French supermarkets became especially gloomy. Clients, still spoiled with a choice between butter from Normandy, salty butter from Brittany, low-fat diet and flavored products, will now face a dramatic shortage of even plain butter, Der...

Black Friday in the US is around the corner, and retailers and record labels are planning to release new music albums on cassette tape. This audio format came from the 1980s and 90s. Now, its popularity has reached such a scale that superstars like Metallica, Eminem and Justin Bieber have long included cassette tapes in the media for their albums, and some, like the White Stripes, have just...