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oil

The Revenge of Oil

January 21, 2015 // El País - Spain - Spanish

When First Lord of the British Admiralty John Fisher decided to replace the British power’s fuel, changing their fleet from coal to oil, he shaped the world in which we live. Oil has, in many ways, been avenged by becoming the determining factor for the 20th century, and, from what we can see, a critical driver of [Read more]

Oil and Budget

September 29, 2014 // El Comercio - Ecuador - Spanish

International oil prices have experienced a steady downward trend since June. Two indicators are causing concern for Ecuador and could impact the National Treasury. The West Texas Intermediate, which is the crude marker for our country, has fallen at the start of September to $93 after having been more than $102 per [Read more]
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