Category Archives: Commodities

Cheap oil forever

Recent technological advances in the search for hydrocarbons, known as the Great Revolution of shale, changed the oil market. This transformation now threatens to lead the trend of oil prices over the next 20 years. The technology used today to extract unconventional resources, will begin

Norway, more oil

Norway in July extracted 1.73 million barrels of oil a day on average, the highest monthly output since March 2011, reported the Oil Directory of this Nordic country. Provisional figures released today by the agency exceed 9% its own estimates and 10%, the volume reached