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Posted by The Analyst | 07 August 2020 | Business
US shale remains in survival mode for another year

After slashing capex plans for 2020 and idling rigs by the dozen, US shale drillers are still not ready to return to their default state of perpetual growth. Oil is simply too cheap for that, so they are staying in survival mode, maintaining production with no plans to start boosting it anytime soon. Shale producers...

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Posted by The Analyst | 07 August 2020 | Business
US shale remains in survival mode for another year

After slashing capex plans for 2020 and idling rigs by the dozen, US shale drillers are still not ready to return to their default state of perpetual growth. Oil is simply too cheap for that, so they are staying in survival mode, maintaining production with no plans to start boosting it anytime soon. Shale producers...

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Posted by The Analyst | 07 August 2020 | Breaking News
Norwegian govt urges citizens to avoid travel abroad to limit virus spread

Norwegians should avoid all travel abroad, even to countries with few Covid-19 cases, Health Minister Bent Hoie said on Friday. “There is still little contamination in Norway but we see increased contamination in countries that used to have control over their situations,” Bent Hoie told reporters in Oslo. While not a member of the European...

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Posted by The Analyst | 07 August 2020 | Breaking News
Localised restrictions expected to be announced later today for counties with spike in Covid-19 cases

Localised restrictions are expected to be announced later today for counties with a significant increase in Covid-19 cases.

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Posted by The Analyst | 07 August 2020 | Breaking News
Safari Park animals given ice lollies to keep them cool

Keepers at Longleat Safari Park have come up with different ice lolly recipes to keep their exotic animals cool over the summer.

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Posted by The Analyst | 07 August 2020 | Politics
Man in custody following shootout with Chicago police

A gun-wielding man who Chicago police officers spotted running from a business exchanged gunfire with the officers early Friday before he was taken into custody, police said. Officers saw the … Click to Continue »

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Posted by The Analyst | 07 August 2020 | Business
Is bitcoin the foundation of the crypto monetary system? RT’s Boom Bust finds out

Global economic uncertainty is driving investors to alternative assets like bitcoin and gold. Boom Bust talks to Jeffrey Tucker of the American Institute for Economic Research about the difference between them. The divide between bitcoin and gold is largely generational, while older investors prefer gold, millennials are choosing bitcoin, he says. “Bitcoin has a lot...

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