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Oil: Big 3 forecasters are not reliable
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Tuesday, 28 January 2020
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The oil market hinges and moves on forecasts. Whether it’s an oil demand growth forecast or a production forecast, no forecast is more closely watched and scrutinized than that provided by one of the big three: the IEA, EIA, and OPEC. However, according to Oil Price , the problem is, these forecasts....
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REUTERS - UPDATE 6-Brent crude steadies just under $60/bbl, China oil demand in focus
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Tuesday, 28 January 2020
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UPDATE 6-Brent crude steadies just under $60/bbl, China oil demand in focus. Contributed by NAMPA / Reuters. * Coronavirus death toll rises to more than 100 in China * OPEC, Libya outage help curb oil price declines * OPEC starts weighing options to address oil slump - sources (Adds details, updates....
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Labor group: ‘Good level purchasing power in NegOcc unrealistic’
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Tuesday, 28 January 2020
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FOR the labor sector in Negros Occidental, the “good level” purchasing power of the peso in the province as reported by the Philippine Statistics Authority (PSA) is unrealistic. Wennie Sancho, secretary general of the General Alliance of Workers Association (Gawa), said the figure is not reflective of the province’s real economic condition.
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How to smooth out the volatility of diesel prices
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Tuesday, 28 January 2020
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The latest round of load-shedding has focused attention on the cost of running generators during power outages, in particular on mitigating the effects of volatile diesel prices. Mention fuel prices and most of us think only in terms of what it costs us every time we fill our tanks at the garage.
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Ilham Aliyev: "OPEC + format is successful for multilateral cooperation"
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Tuesday, 28 January 2020
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President of Azerbaijan Ilham Aliyev was interviewed by Rossiya-24 TV channel of Russia on the sidelines of the World Economic Forum in Davos. Rossiya-1 and Rossiya-24 TV channels broadcast the interview with the Azerbaijani head of state. - As tensions rise in the Middle East, what oil price....
Read more... [Ilham Aliyev: "OPEC + format is successful for multilateral cooperation"]
 
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