(The Washington Institute, 27.Sep.2024) — The kingdom anticipates and accepts lower oil prices, according to a news report, but the impact on other producers could be comparatively damaging. On September 26, an exclusive in the Financial Times indicated that Saudi Arabia is ready to abandon its unofficial oil price target of $100 […]
Tag: Crown Prince Mohammed bin Salman
Saudi Arabia, Led By The Crown Prince And New Prime Minister, Is Greening Up
(Forbes, 18.Nov.2022) — With oil production at 11 million bpd (barrels per day) Saudi Arabia is the second top oil producer – a country of population only 35 million. The US is the top producer at over 12 million bpd and a population of 350 million. Russia comes in third. […]
Caribbean Facing Less Bright Future For Oil And Gas
(Jamaica Gleaner, 29.Mar.2020) — Just a few weeks ago it was possible for Trinidad & Tobago’s Prime Minister, Dr Keith Rowley, to indicate in a major speech, that the Caribbean as whole had a potentially very bright future as a major western hemisphere oil and gas supplier. He had good […]