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Tag Archives: collapse

Oil could collapse to $ 20 per barrel

The Minister of oil of Venezuela, Eulochio del Pino predicted that oil prices will once again collapse to $ 20 per barrel. He predicted that this could happen in the winter of 2017. Del Pino says: the script is real, if OPEC members will not restrict oil production. And a …

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Kudrin called the collapse of the ruble is a shame for the country

Ex-pavementing again called upon to ease dependence on consumption of oil revenues.   Source:RIA “Novosti” Moscow. June 17. INTERFAX.RU — Double devaluation of the ruble is a shame for the state and economic block of the government, savillex-Russia’s Finance Minister Alexei Kudrin. To be honest: the collapse of the national …

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The collapse of the Soviet Union: 25 years later

This year marks 25 years since the collapse of the Soviet Union, which occurred on December 25, 1991. The end of the Soviet Union marked in the history of mankind the end of the socialist experiment to transform the world. It turned out that in vain were the sacrifices to …

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Maersk poised for another collapse in oil prices

Almost a year ago when, after falling in early 2015, summer oil rebounded strongly. Within three months it was trading at around $60. Then once again, the U.S. resumed production, culminating in the fall in February to 13-year lows. At this point, there was a rebound, comparable to the level …

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Fasanara Capital: oil prices collapse to $10

According to analysts, is building the most bearish forecasts of oil prices in the next 10 years, the cost of “black gold” could fall below $10 per barrel. Increasingly efficient methods of extraction, improving the methods of production of clean energy will contribute to the fall in oil prices to …

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