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Novak predicted the market recovery of oil by the end of 2017

The balance of supply and demand in the oil market will only be achieved by the end of 2017. As reported on Sunday, may 29, TASS, this forecast was made by Russian energy Minister Alexander Novak, speaking at the forum “doing Finance”. According to him, the market recovery has already …

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The market keeps the fed for fools

Various representatives of the Federal reserve act almost every week, but the main purpose of these presentations is not to convey to the market the point of view of the regulator. First, in the camp of the fed is the so-called “doves” and “hawks”, and their vision of monetary policy …

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Pope Francis criticized the modern market economy

Pope Francis criticized the modern market economy, pointing to social inequalities. The opinion he expressed in an interview with La Croix. According to the Pontiff, the global economic system characterized by “idolatry of money”. More than 80 percent of the wealth of humanity is in the hands of about 16 …

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IEA experts “direct” the oil market to balance

The global oil market with increasing evidence of moves to balance supply and demand. This opinion expressed by the experts of the International energy Agency (IEA) published today its monthly report. They believe that balance will be achieved through the stabilization of demand and falling supply due to reduction of …

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In Ukraine, the growing market of electric vehicles

Ukraine is gradually increasing demand for electric cars. In Ukraine, every day acquire two electric cars. Experts believe that the growing popularity of these machines is associated with the abolition of import duties. Employees Electrocars has published online statistics on sales of cars with electric engines on the territory of …

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The expert saw the bright future of the oil market

Good times for the oil market ahead, the balance will come in 2017. This was stated by the head of division-oil industry and markets the International energy Agency (IEA) Neil Atkinson in an interview with Bloomberg. “We believe that for some time are in stable condition — the market is …

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