Figure World oil production and price. Production is based on BP, plus author's estimate for Historical oil prices are calculated based on a higher than usual recent inflation rate, assuming Shadowstats' view of inflation is correct.
Get better insight into historical and rising gas prices with this helpful infographic from Nationwide Bank.This gas prices infographic takes you on a trip down memory lane to explore trends over the last few decades.
In the midst of a global recession that saw the China stock market crash and oil prices remain low, several industries in Singapore had to struggle harder to get through the year. Singapore, with its historical status as a shipping hub, can expect to be significantly affected. The reasons for this are linked: There is a global recession, which leads to lower trade volumes and as a result, there is a lack of demand for transportation.
Record-low interest rates "should make us nervous", Philadelphia Federal Reserve President Charles Plosser told CNBC on Tuesday.
The world is now more unstable than during the Vietnam War
Geopolitical risk is creeping back into the markets - Geopolitical risk has been creeping back into the markets. Most recently, we've seen a flurry of headlines about the situations in North Korea and Qatar , and there are unknowns about the state of US-Russia relations . Geopolitical risk indices are now at elevated levels relative to the last 100 years, according to chart shared by a Bernstein Energy & Power team led by Oswlad Clint, citing data from the Federal Reserve Board. They…