International Finance

Tag : OPEC

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Oil trade: No sign of prices going up

Some analysts claim that OPEC will not last more than 50 years Suparna Goswami Bhattacharya November 27, 2014: Economists dealing with oil prices and stability were in for a shock when global oil prices started to tumble this year. After three years of relative calm wherein prices moved less than three percent year-on-year, the sudden...
Fintech

Dubai Sets Up First Solar Plant

The Supreme Energy Council is trying to reduce Dubai’s dependence on oil and gas, the gulf state aims to produce one percent of its energy needs using solar power by 2020 and five percent by 2030. 24th October 2013 Dubai inaugurated the first phase of a solar energy park on Tuesday and plans to build...