oil price

Saudi Arabia’s Oil Purge

With one of the world’s largest petroleum fields and about US$1.2 billion in reserves, the country urgently needs to reduce its reliance on oil. It provides three-quarters of state revenue. The clock is ticking…

The Cracks Are Starting to Appear

At some point, investors must realise that without continued debt accumulation, the illusion will be over. When that happens, markets will cannibalise themselves. The bursting of the greatest credit bubble in history is going to…

Markets & Money