Recession news from Japan and weak economic data from Europe have the been the main theme this week. Here are a few interesting articles and videos…
Crude Oil prices are down 25% since their recent higher levels, and are currently at nearly 4 year low. Experienced energy analysts feel crude oil prices may remain low in the near term due to increasing US shale oil supply, but crude oil prices are likely to move up back to $100 per barrel.
One day after Saudi Arabia lowered prices in an attempt to hold market share in the USA, to compete with the cheaper shale oil in the United States market, the White House spokesman Josh Earnest said that the USA is monitoring the global oil demand-supply situation but has no comment on whether it might look at replenishing the Strategic Petroleum Reserve.
Meanwhile, Goldman Sachs analysts believe the crude oil surplus supply situation will remain till Q2, 2015. However, industry veterans believe crude will bounce back by Jan 2015, its just a matter of few weeks for the commodity to stabilize, and then the big short squeeze will play out, and we may see crude oil back at $100 per barrel by Jan-Feb 2015. Continue reading
The client is a well-known Technology company, who over the past 12 months has become a global leader in their sector. Having delivered record profit margins, as well as being one of the most strategically innovative businesses in their sector, they have expanded out into North America and Asia-Pacific geographies. With a commitment to expand in certain areas of the business, our client has decided to strengthen their already structured Strategy function. This role will initially support the Head of Group Strategy. Continue reading