Oil prices are rising again. Brent prices for May delivery closed at $85.42 on Friday. Year-to-date prices have gone up by 12%. Higher oil prices has lead to higher gasoline prices at the pump. Earlier this month, OPEC announced the extension of production cuts through the end of this year. Geopolitical risks have not subsided …
The space industry in the EU is second only to the US. The following infographic shows some of the major achievements of the EU in space: Click to enlarge Source: The Council of the EU and the European Council
Mining is one of the important industries that is necessary of the functioning of the global economy. Though establishing a mine and running it takes years and years, Ontario Mining Association notes that mining is a temporary land use activity. Though land can be returned to its natural state after mining it is not that …
Gold and Bitcoin prices have been soaring so far this year. Investors tend to flock to these assets during times of market distress or if they fear a blank swan event. Gold prices have shot up over 5.70% year-to-date and closed at $2,190.50 today. Digital currency Bitcoin has rocketed by about 72% and crossed $72,160 …
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Colombian oil major Ecopetrol (EC)announced 4th quarter, 2023 earnings late last month. The company also announced their dividend distribution proposal for payment to shareholders in 2024. The Ecopetrol dividend 2024 dividend will be lower than last year’s dividend. The profits in 4Q were down 38% as oil prices declined according to a new report by …
Continue reading ‘Clarifications on Ecopetrol’s Upcoming 2024 Dividends’ »