As the world’s top crude oil exporter. Saudi Arabia will not be giving away easily its crown and the geopolitical clout that comes with it.
Read More »Russia`s Oil Price War with U.S. would be Too Costly
The rise in prices thanks to output cuts has brought roughly an additional $110 billion in revenues to Russia.
Read More »BP Expects Solid Oil Demand Growth This Year
Dudley believes the oil market is tightening up.
Read More »Oil Prices Fall 1 pct. Global Economic Slowdown Concerns Spread
On Monday. China reported its lowest annual economic growth since 1990.
Read More »Oil Prices may Remain under Pressure This Year
Brent prices climbed last week on optimism a thaw in China-US relations will help sustain global growth.
Read More »Iran Ranks First in Science among Regional States
Iran ranks first in West Asia in terms of science output with the number of its college students rising to 4.8 million from 2.4 million.
Read More »Libya’s Huge Oil Field. Sharara
Libya’s oil production and exports have been severely disrupted since early December.
Read More »Rebalancing of Global Oil Market to Be Gradual
Venezuela has seen the collapse of its oil industry slow during the second half of 2018.
Read More »Saudi Arabia in Talks with the UAE. Oman for Natural Gas Pipeline
This network is a part of greater connectivity between regional economies.
Read More »Saudi Arabia`s Wind Farm Ambition
The Saudi renewable energy program is directly supporting the Vision 2030 strategy.
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