The Top 5 Reasons to Track Oil Production Reports
Oil fields operate in a complex market. This market changes instantaneously in response to global events, new technology, or a shift in the government’s policy on energy. Oil production reports help you monitor the impact of these changes on the supply side of the oil market. More specifically, you will take note of output levels, imports, exports, inventories, and movements among other things. Doing so is critical for various reasons. Here are the top 5 reasons to track oil production reports. 1. Providing Clarity on Market Conditions Sometimes, the oil market is awash with rumors and endless speculations. Experts in the industry may give varying opinions as well especially when…
How Farmers Can Protect Their Livelihood
When you decide you want to work in agriculture you need to be aware of what you're getting into. There are so many facets to the job, and it's vital to make sure you get them right and try to lower your operating costs. Protecting your livelihood is essential because without it you are at risk of failure and financial ruin.
Should We Start Doing Business With Iran Now?
You may have heard that sanctions got lifted against Iran a few days ago. In essence, this means one can now consider the clandestine nation a new trading partner. As you can imagine, doing business with Iran raises many questions. Both from an ethical and financial point of view.
Behind The Scenes Of A Working Oil Rig
Oil rigs are enormous, industrial giants out in the ocean. Yet, at the same time, they're oddly beautiful and fascinating. At least, they are from afar! Up close, they certainly are industrial giants. These vital engineering structures exist to draw oil and natural resources from deep beneath the ocean. They have become an integral part of the powerful oil industry that keeps our lights on and cars moving. But, what's it like onboard one of these monster oil rigs?
