Erste Asset Management Investment Blog

16 results for keyword "oil"

Article on tag "oil"

Members of OPEC+ plan to further cut oil production
Members of OPEC+ plan to further cut oil production
(c) pexels

Members of OPEC+ plan to further cut oil production

The OPEC+ oil association was unable to agree on official production cuts at its meeting last Thursday. However, individual member states announced plans for cuts. In a joint statement after the meeting, the more than twenty OPEC+ states also announced that Brazil would join the production alliance at the beginning of next year.

The invasion of Ukraine by Russia and its massive effects
The invasion of Ukraine by Russia and its massive effects
(c) MediaPunch / Action Press / picturedesk.com

The invasion of Ukraine by Russia and its massive effects

Within two years, the global economy has been confronted by two negative events or, indeed, shocks: the Covid pandemic was the first one, having not only killed six million people globally at this point, but having also caused an unprecedented slump in the global economy and the subsequent recovery. The second one, i.e. the invasion of Ukraine by Russia, is of a geopolitical nature and has triggered a commodity price shock.

Ørsted AS: Best Practice and Environmental Leader
Ørsted AS: Best Practice and Environmental Leader

Ørsted AS: Best Practice and Environmental Leader

According to our evaluation, the Danish Ørsted AS is among the leading companies in the environmental sector, which results from a radical transformation of the business model that the company has gone through in the recent decade. Whereas ten years ago the company produced 85% of its energy from fossil fuels and only 15% from […]