Bouncing like a fracking crane, fluctuating oil prices are a constant feature of the modern market. There is little that is more important than oil prices, given that they affect so many industries and intrude into all nations. A major player in this phenomenon is the Organisation of the Petroleum Exporting Countries (OPEC), an intergovernmental … Continue reading The Power of Oil – OPEC Taking Control
On Friday 27th February, the US Commerce Department revealed the economy grew by 2.2% in the final quarter of 2014, weaker than the estimated 2.6%. Fine margins though it may be, the slowdown in the economy was more pronounced than previously thought. The concerns stem from the fact that the fourth quarter growth had been … Continue reading Growing Pains
Bewildering, confusing, excessive, mystifying, – just a few words to sum up the news that the rights to broadcast Premier League matches on TV have been auctioned off for a record £5.136 billion. Just as Chelsea and Manchester City have done, Britain’s biggest broadcasters have asserted their dominance through their financial firepower. Sky TV paid … Continue reading TV Broadcasters in a League of Their Own
Denial, anger, bargaining, depression and acceptance used to be the five stages of buying petrol. Many consumers used to double the value of their car every time they replenished their tanks, however, as we have documented in recent weeks here on The Commercial Cartel, the world has been ‘put-in’ their hard earned cash back into … Continue reading UK Inflation for Dummies
The Commercial Cartel 