Saudi Crown Prince Mohammed bin Salman, known as MBS, is the 32-year-old heir to the Saudi throne. He seems to be quite concerned about modernizing Saudi society and the country’s moribund economy, diversifying it away from oil. According to Vox.com, “in …
Saudi Crown Prince Mohammed bin Salman, known as MBS, is the 32-year-old heir to the Saudi throne. He seems to be quite concerned about modernizing Saudi society and the country’s… https://oilandenergyonline.com/articles/all/saudi-arabias-transformation/
The CERAWeek global oil industry conference in Houston last month “exposed all the contradictions at the heart of OPEC’s attempt to rebalance the oil market without rekindling the shale boom or conceding too much market share to rivals” (Reuters). It was …
The CERAWeek global oil industry conference in Houston last month “exposed all the contradictions at the heart of OPEC’s attempt to rebalance the oil market without rekindling the… https://oilandenergyonline.com/articles/all/opecs-strategy-developing-cracks/
In late 2014, Saudi Arabia, and therefore OPEC, opted to maintain and even increase crude production levels in order to defend market share, even though oil prices would collapse. They dismissed the alternative, which was to decrease output and give up ma…
In late 2014, Saudi Arabia, and therefore OPEC, opted to maintain and even increase crude production levels in order to defend market share, even though oil prices would collapse.… https://oilandenergyonline.com/articles/all/saudi-arabia-damages-opecs-credibility/