Why is oil going down

The price of oil has fallen since the beginning of October, but why?

The price of oil has been dropping steadily since October 3rd, when it was at $80. This is down from a high of $87 in mid-September. The drop comes after OPEC failed to agree on a production cut, with Saudi Arabia saying that it wouldn’t take part in any cuts.

This is the first time that OPEC hasn’t agreed to cut production since 2008, when the organisation stopped cutting due to its own financial problems. Since then, prices have risen steadily and hit a high in June this year. However, there are many factors that could be behind the recent fall in prices.

Why is oil going down?

“Oil prices fall as Saudi Arabia signals no output cuts”


On September 25th, Saudi Arabia’s Energy Minister Khalid al-Falih said that he wasn’t concerned about falling oil prices and that they were “relatively stable at this level”.
On October 1st, he reiterated his stance and said: “We do not want significant gyrations in prices either way… we do not want substantial changes one way or another because we know it will have an impact on global growth… we don’t want [oil] at $100 or $50.”

Saudi Arabia produces more than 10 million barrels per day (bpd), which is around one third of global supply.

In addition to this lack of support from OPEC members such as Saudi Arabia, there are also other factors influencing the price.

  • “UAE Oil Minister: Price Drop Not a Crisis for OPEC” by Sune Engel Rasmussen for Bloomberg published on October 5th 2018

Why is Pi Day celebrated on March 14

Pi Day is a holiday celebrated on March 14th, which is the date written as 3.14.

Why is Pi Day celebrated on March 14? In this article, we’ll take a look at the history of Pi Day and how it became a tradition for so many people to celebrate it every year. We’ll also explore some of the ways that people celebrate Pi Day and how you can join in too.

What is Pi?

Pi is one of the most important mathematical constants in the world. It’s used in all sorts of different calculations and equations, including those related to circles. The number pi has been calculated to over one trillion digits past the decimal point, but no matter how far we go there will always be more digits after that.

What does 3.14 mean?

“March 14”

In 1879, American mathematician James Woodhouse discovered that when you write out numbers as decimals (as opposed to whole numbers) they repeat every so often. For example, 1/2 repeats itself as 0.5 and 2/3 repeats itself as 0.66666… You can see this pattern by looking at any number like 1/4 or 7/8 – they both repeat themselves after three digits have been written out.
However, there are some numbers that don’t repeat themselves at all! The first few numbers like this are: 1/3 = 0.333333…; 4/7 = 0.571428…; 9/10 = 0.9.
The number pi happens to be one of these special numbers! It doesn’t ever stop repeating itself – if you wrote it out infinitely long it would still go on forever.
So if you were writing out 3/14 (or 3-14) using decimals instead of whole numbers then after the third digit you would get: 3.(1).(4). That means that if you add those three digits together (1+4+1) then add them again (4+1), then add them again (1), then add them again (4), etc., you would get an infinite series.
That means that 3.(1).(4) = 6 + 4 + 1 + 4 + 1 + 4 + 1 … forever! So March 14th equals 6.(3).(2). You could also write this equation another way: (\pi \times 10^2) \times 10^0. This means: (\pi \times 10^2), which equals (\pi \times 100), times (10^0), which equals (10^0). So March 14th actually equals 6.(3)(0), or 6..(0), or 60.

“March”

The letter “m” represents “March”, so 3-14 stands for March 14th.

Why does Daylight Savings exist

Daylight Savings exists to make the most of daylight hours.

Daylight Savings, also known as Daylight Saving Time (DST), is a practice where clocks are moved forward by one hour during the summer months. The change is intended to make the most of daylight hours and is common in many countries around the world. It was first introduced in Australia in 1895, and has since been adopted by several other countries. While there are many benefits to Daylight Savings, it can also have some negative effects on people’s health and wellbeing.

What is Daylight Saving Time?

In the northern hemisphere, clocks are moved forward by one hour on the last Sunday of March and then back again on the last Sunday of October. This change has been made so that people can enjoy more daylight during their waking hours in summer months. In addition to this time change, many countries also adopt a Summer Time Zone which runs from March through October.

What does it mean for businesses?

“It’s important for businesses to be aware of any changes that may impact their operations.”

The changes brought about by Daylight Savings can affect businesses in several ways. For example, companies need to ensure that their employees are working at times when they will be able to get more done during DST than they would otherwise. This means that employees may need to start work earlier or finish later than usual during DST periods.

In addition, companies need to consider how their customers will be affected by these changes.

“There’s a difference between an hour’s drive across town or an hour’s drive across country.”

For example, if you run a business that relies on customer footfall such as a restaurant or shop you might want to consider moving your opening hours forward an hour when DST comes into effect.

“It makes sense for companies with longer operating hours or larger staff numbers.”

However, if your business doesn’t rely on large numbers of customers visiting at specific times then you might not want to make any changes.

“Businesses should always look at how they can improve their services.”

DST might not affect all businesses equally – for example some sectors like tourism benefit from longer daylight hours while others like construction do not.

Why is turning red set in 2002

Turning red is a phenomenon that occurs every year in October, when the temperature drops below 32 degrees Fahrenheit.

It’s been said that there are only two seasons in England: winter and the two weeks between Christmas and New Year. But while it may be true that England is known for its rainy weather, October is actually one of the sunniest months of the year. That’s why it was so surprising to see people across England suddenly turning red this week.

The phenomenon has been dubbed “turning red” by locals and scientists alike, who have no idea what causes it. The only thing they can say for sure is that it happens every year around this time.

How does turning red work?

There are a few theories about how turning red works. One of them is that a chemical reaction occurs when certain plants or animals release pheromones into the air at this time of year, which then react with human sweat to turn skin bright red.

Why can bees fly at night

Bees are not able to fly at night, but the reason why is a bit more complicated than you might think.

Bees are not able to fly at night, and the reason why is a bit more complicated than you might think. Most people would assume that bees are simply unable to see in the dark, but it’s actually much more complex than that. Bees have compound eyes made up of thousands of individual lenses called ommatidia. Each ommatidium is covered by a thin membrane called a cornea, which allows light into the eye while also protecting it from dust and other particles. These corneas have evolved over time to allow bees to see better in bright sunlight while also being able to filter out harmful UV rays.

In order for this system to work properly, however, bees need their eyes exposed so they can take in light through their corneas. The fact that bees have translucent wings means that they can easily expose their eyes without exposing themselves to danger or overheating.

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