Mar 6, 2015 Anas Alhajji IRVING, TEXAS – Saudi Arabia wants it all: to salvage OPEC, achieve income diversification and industrialization, and preserve its market share in crude oil, petroleum...
The paradox of today’s quest for energy independence is that pursuing it actually increases energy insecurity. However much politicians who call for energy independence might prefer it otherwise, the market...
Saudi Arabia has been forced to return to the role of swing producer in the oil market, despite the country’s insistence for three decades it would never play the role...
Oil prices are crushed, and the only country that can change oil market direction is Saudi Arabia. The case for a production cut is compelling, especially given that the Saudis...