HUBBERT CURVE
A statistical theory of oil production that states that the rate of extraction from a particular region follows a bell shaped curve. Initially, while there are minimum drilling operations the rate of production is limited. However, as infrastructure increases and larger portion of land are explored, resource production approaches peak production. Eventually, as the oil becomes depleted, extraction rates begin to slow down. The Hubbert curve characterizes the life cycle of a drilling operation.
POPULAR TERMS
Balance ANOVA
A test in statistics which is utilized to know whether or not different groups have different means. ANOVA analysis is usually used to a set of dat ...
Deliverable Grades
The deliverable grade specifies the minimum quality of the commodity that is to be delivered under a contract. Carefully specifying the deliverable ...
Information Coefficient - IC
Correlation value between predicted and actual stock returns. It is a performance measure used to evaluate the forecasting ability of financial ana ...
Underlying Asset
Underlying Asset is a term that refers to the financial instrument, such as stock, futures, currency, commodity and index, on which a derivative&rs ...
Indian Employment Credit
Monetary incentive rendered to companies by the federal government to employ registered Native American Indians and their spouses who reside on or ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
Digesting Financial Statements: Earnings
For assessing how a company performed in a given period, the relation between income and cash flow statements should be taken into account. Several ...
An Introduction to Student Loans
A college education is one of the most essential investment in a person’s life. Unfortunately, in this time and age, it has also become one o ...
Retirement Planning: Maximizing the Power of Compounding
“The early bird catches the worm.” – William Camden
A Guide to Becoming a Finance Expert
Wouldn’t it be nice not having to rely on another person when managing your funds? Aside from the added convenience it brings, being able to ...
An Introduction to MetaTrader 4 and MetaTrader 5
Metatrader 4 (MT4)
Metatrader 4 (MT4) is a prominent trading platform among online brokerage firms developed by MetaQuot ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 20:00 | FOMC Member Loretta Mester Speaks | ||
| 01:30 | National CPI | Sep | |
| 01:30 | National CPI ex Fresh Food | Sep | |
| 01:30 | Tokyo CPI ex Fresh Food & Energy | Sep | |
| 01:50 | Summary of Opinions | ||
| 09:00 | CPI | Sep | |
| 10:30 | M4 Money Supply | Aug | |
| 10:30 | Mortgage Approvals | Aug | |
| 10:30 | Net Lending to Individuals | Aug |
