Commodities and Resource

Electric Cars Could Wreak Havoc on Oil Markets Within a Decade

There are more than one billion cars on the road worldwide today, and only one tenth of one percent of them have a plug. OPEC contends that even in the year 2040, EVs will make up just one percent. But don’t be so sure. By 2020, some electric cars and SUVs will be faster, safer, cheaper, and more convenient than their gasoline counterparts. What if people just stop buying oil? In the first e…

Winners and losers in the oil crisis

All around the world, oil producing countries and companies are reeling from the record plunge in oil prices. Al Jazeera looks at some of the biggest winners and losers so far.…

Counting the Cost – Iran: Back in business

Iranian President Hassan Rouhani has started a shopping tour in Europe just days after the lifting of international sanctions over Iran’s nuclear programme. He wants to let the world know that Iran is back in business. And European companies are lining up for a share in the Iranian market – promising billions of dollars in new deals. But what does the end of Iran sanctions mean for the…