Tagged: crude oil

PensionBee’s Clare Reilly Says UK Residents have “Very Low Levels” of Financial Literacy, May Pay More Attention as Pension Savings Tank After COVID-19 Outbreak

Clare Reilly, head of corporate development at PensionBee, a London-based personal finance company, has noted that the present economic challenges and conditions could lead to individuals paying more attention to their retirement and pension plans. There’s been a significant decline in the amount saved in… Read More

Fintech in the Middle East: Saudi Arabia Might Be Shifting Economic Focus from Oil to Financial Technology

Crude oil production in Saudi Arabia slowed down considerably last year, from 10,643 BBL/D/1K in December 2018 to only 9,890 BBL/D/1K in November 2019. Steady and continuous drops in crude oil production may be attributed to several different factors, such as the attendant impact on… Read More

Nicolás Maduro, President of Venezuela, Says Country will Sell Oil and Gold for Petro Cryptocurrency

Nicolás Maduro, president of Venezuela, a country suffering from record levels of hyperinflation and rampant corruption, says that the South American nation will be selling oil and part of its gold it produces for Petro, the highly controversial national digital currency. In statements shared with… Read More

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