Differences between WTI and Brent Crude Oil: Chart

The two major crude oil benchmarks are WTI and Brent. WTI stands for West Texas Intermediate used for US oil and Brent is the global benchmark and denotes the oil extracted from North Sea. The WTI closed at $66.94 today on the NYMEX for July 2018 delivery and Brent ended at $75.81 on the ICE …

Continue reading ‘Differences between WTI and Brent Crude Oil: Chart’ »

U.S. Outstanding Student Loan Debt Mountain Reached $1.5 Trillion

Student loan debt is the largest debt in the US after mortgages. According to the Federal Reserve, the outstanding US student loan debt reached an astonishing $1.5 Trillion at the end of first quarter, 2018. This debt mountain is so huge that it is bigger than even outstanding credit card loans and auto loans. From …

Continue reading ‘U.S. Outstanding Student Loan Debt Mountain Reached $1.5 Trillion’ »

The Top 10 Cheapest Airlines In The World 2018: Chart

The world’s cheapest airlines were published earlier this year by the Australian travel site Rome2Rio. According to their study, based on average price per kms in US dollars, the cheapest airlines are in Asia. The ranking was topped by Air Asia, Air India Express and Indonesia Air Asia. The World’s Cheapest and Most Expensive Airlines …

Continue reading ‘The Top 10 Cheapest Airlines In The World 2018: Chart’ »

A Timeline of Retail Bankruptcies From 2015 Thru March 2018: Infographics

The retail industry is one of the worst performing industries in recent years. Hundreds of retail companies have gone bankrupt some almost overnight. A variety of factors are attributed to the retail apocalypse with Amazon being the prime reason. However blaming Amazon(AMZN) for all failures is an easy way out. Real reasons such as moronic …

Continue reading ‘A Timeline of Retail Bankruptcies From 2015 Thru March 2018: Infographics’ »