Since 1974, the United States dollar has been propped up by the original “petrodollar” deal whereby the United States acted as a guarantor of the security of the House of Saud in exchange for Saudi agreement to price oil in dollars. This requires countries to maintain dollar reserves in ...
transocean's stock price has still had an incredibly difficult time since the start of the market crash. transocean has a market leading fleet and the largest number of ultra-deepwater rigs which tend to have long contracts. transocean estimates it will end 2018 with roughly...
Transocean has revenue efficiency of 96% and an adjusted EBITDA margin of just over 40%. That means that throughout the crash, the company's performance has remained amazing, the company has done a great job of reducing its costs as its revenue has dropped. However, that does not mean tha...
Bitcoin surged above $69,000 to set a new record. Find out what this means for crypto investors and whether Bitcoin might be able to hold on to its gains this time. Feb. 28, 2024 | ByEmma Newbery Bitcoin Is Surging. Can It Hit a...