Remove Economy Remove Industrial Remove Oil Prices Remove South Africa
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Opinion: Everyone Is Guessing When It Comes To Oil Prices

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Predicting and diagnosing the trajectory of oil prices has become something of a cottage industry in the past year. First there is the oil price itself. Since then, predictions for oil prices for 2015 have been all over the map— from Citigroup’s $20 per barrel, to T. Most important is the U.S.

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Global investment in renewable power reached $270.2B in 2014, ~17% up from 2013; biofuel investment fell 8% to 10-year low

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billion, was up 36% on the previous year and came the closest ever to overhauling the total for developed economies, at $138.9 billion) and South Africa ($5.5 Another challenge was, at first sight, the impact of the 50%-plus collapse in the oil price in the second half of last year. billion, up just 3% on the year.

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