Below you'll find a list of all posts that have been tagged as “oil trends”
Since so much geopolitical shift happens because of fossil fuel prices, we keep a close watch on major indicators such as the West Texas Intermediate, or WTI Crude Oil price. The greatest geopolitical shift right now of course involves the declining fortunes of the Russian Federation, the economy of which is strictly tied to fossil fuel markets. This chart of …
While things are less cheery for their southern neighbors, Canada has just reported an increase in both labour participation and rising wages for the 10th straight month. This is particularly welcome news for Canada given two main threats to its economic stability. First, its reliance on raw materials – especially oil exports – means that low petroleum prices damage their …
Tracking West Texas Intermediate crude (WTI) price is an essential element of understanding the global economy. As the world watches in mute horror at the interaction between the Russian Federation and the West, the price of oil is even more important in understanding the behavior of an economy based mainly on fossil fuels. Also, consider that in 2014, the United …