Monthly Archives: August 2022

Oil prices have tumbled almost 30% in 2 months. Here’s why, and what could happen next.

Oil prices have fallen sharply since June. picture alliance/Getty Images Oil prices have tumbled over the last two months, with Brent and WTI crude down more than 20% since June. The three Rs help explain why: recession fears, resilient Russian production, and retreating demand. Analysts are divided about what’s next, with some predicting a rebound…

South Africa’s DataProphet closes $10M to scale its AI-as-a-service platform for manufacturers

Manufacturing plants or factories take raw material inputs and add value through a sequence of unit processes before shipping a product. Now, this process must follow a recipe. There are a series of instructions for products such as cars; in those instructions, a list of parameter values, specific temperature for iron melting, specific pressure for…