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" ... The huge bitcoin price rally has seen the cryptocurrency rise by almost three-fold since this time ... [+] last year--puting bitcoin firmly into bubble territory, according to many investors. ... "
" ... “The way we were operating was not sustainable,” Reitan says. In the decade to 2013 oil prices quadrupled, yet profit margins halved. When prices pick up again we must be very disciplined.” That message is coming from the top. CEO Saetre a year and a half ago told his lieutenants not to bother bringing him any projects that required an oil price above $50 to break even, says Reitan. “People thought he was out of his mind.” But in North America Statoil is already puting it into practice. “Our breakeven for new developments has gone from $70 a barrel three years ago, to $41.” ... "