There have been tech booms and oil crashes, bull and bear markets, and periods of retail dominance. However, two companies which have been models of consistency (at least in regard to market cap) are Microsoft and…
Historical GDP of African OPEC Nations vs Oil Price
2 million barrels of oil are extracted in the Niger Delta – costing $28.99 to extract each barrel of oil in Nigeria. This is significantly lower than the North Sea oil (at $44.33) but over three times more expensive than in Saudi Arabia (at $8.98)…
Chart of the Week: Selected OPEC Nations’ GDP vs Oil Price
The turn of the millennium ushered in a period of relative oil price stability, likely due to implementation of the OPEC oil price band mechanism in 2000. 2004 began a period of increased volatility and a surge in prices…
Chart of the Week: Week 23, 2016: Oil Price
The price of a barrel of Brent Crude oil reached an eight month high yesterday, continuing the general trend we’ve seen since the beginning of the year.
Chart of the Week: Week 38, 2014: UK Trade Balance
Last week it was reported that the UK’s balance of trade deficit increased to an estimated £3.3bn in July, compared to £2.4bn the previous month.