Tag archive for ‘oil prices’
Prof. Kenneth Rogoff On Monday, December 14th, 2015

Professor of Economics at Harvard University Kenneth Rogoff: Oil Prices and Global Growth

CAMBRIDGE – One of the biggest economic surprises of 2015 is that the stunning drop in global oil prices did not deliver a bigger boost to global growth. Despite the collapse in prices, from over $115 per More...

Jewish Business News On Thursday, December 10th, 2015

Oil Prices: Billionaire T. Boone Pickens Sees Oil Prices Soaring 94%

T. Boone Pickens Sees a Rebound in Oil Prices Oil prices hit their seven-year lows on Monday, but oil bull T. Boone Pickens is standing by his $70.00 oil forecast. Oil prices have continued to tank as one More...

Jewish Business News On Tuesday, December 8th, 2015

Oil Prices: This Should Terrify Energy Bulls

Oil Prices Slide on Oil Production Increase OPEC (read: Saudi Arabia, the Middle East’s “sugar daddy”) continues to snub the global economy as it smugly holds to its steadfast philosophy of seeking—nay, More...

News Brief On Sunday, October 25th, 2015

Saudi Arabia Could Be Bankrupt Within Five Years, IMF Predicts

  Saudi Arabia’s cash reserves are in free-fall and the country could have only five years of financial assets remaining due in large part to the fall in oil prices, according to a report by the International More...

Professor Nouriel Roubini On Thursday, October 1st, 2015

‘Dr. Doom’ Nouriel Roubini: The Middle East Meltdown and Global Risk

Among today’s geopolitical risks, none is greater than the long arc of instability stretching from the Maghreb to the Afghanistan-Pakistan border. With the Arab Spring an increasingly distant memory, the More...

Professor Jeffrey Frankel On Friday, August 7th, 2015

The Right Time to Reform Fuel Pricing

CAMBRIDGE – World oil prices, which have been highly volatile during the last decade, have fallen more than 50% over the past year. The economic effects have been negative overall for oil-exporting countries, More...

Daniel Gros On Tuesday, June 9th, 2015

Daniel Gros, Director of Center for European Policy Studies: The QE Placebo

BRUSSELS – It has now been nearly half a year since the European Central Bank declared its intention to buy some €1.1 trillion ($1.3 trillion) worth of eurozone bonds. When it first announced the so-called More...

Vered Weiss On Friday, March 6th, 2015

Low Oil Prices Mean New Projects for Blackstone

Falling oil prices are keeping Blackstone busy with new opportunities. Tim Coleman of Blackstone told Bloomberg, “You can’t have your price (oil prices) drop 50% and not have issues. We are probably More...

Tibi Singer On Tuesday, February 10th, 2015

World’s Biggest Distressed-Debt Investor Howard Marks Puts $400 Million in Energy

Over the Q4, Oaktree Capital Group LLC invested $400 million in energy assets, because its co-chairman Howard Marks believes falling oil prices are going to pressure producers, Bloomberg reported. “The More...

Eli Horn On Saturday, January 31st, 2015

Russia Bought Enormous Amount of Gold in 2014 to Diversify Reserves

Russia’s Central Bank purchased a record amount of gold in the first 11 months of 2014 as part of an effort to provide support to the struggling ruble and reduce dependency on the dollar, reports said. Russia’s More...

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