Green Car Congress
SEPTEMBER 13, 2017
A number of factors are pushing Saudi Arabia to raise its crude-oil production capacity, but the wide range of potential outcomes suggests that such an increase is a risky strategy for the kingdom and the global environment, according to a new article by an expert from Rice University’s Baker Institute for Public Policy.
Green Car Congress
JULY 28, 2015
In June 2015, Saudi Arabia pumped a record 10.564 million barrels a day, a record level. Saudis have moved into the product business in a big way,” said Fereidun Fesharaki of FGE Energy. How will Saudi Arabia Capture Market Share Downstream? In case of Saudi Arabia, the price of crude oil would be extremely low.
Green Car Reports
AUGUST 4, 2016
Cheap gasoline is good news for the economies of most countries, but not those that rely on oil exports. The sustained fall in global prices has led oil-producing countries to search for ways to keep their revenues up. In some cases, that means cutting back on cheap gas for their own citizens.
Green Car Congress
MARCH 5, 2015
The question we should be asking ourselves is not if oil prices will recover, but when they will. From June of 2014 until now, the price of a barrel of West Texas Intermediate (WTI) crude oil has fallen approximately 57 percent. In other words, oil is a volatile market, but prices are in a long term upward trend.
Green Car Congress
MAY 4, 2016
In recent years, all six Gulf monarchies—Saudi Arabia, the United Arab Emirates (UAE), Kuwait, Oman, Qatar and Bahrain—have begun to challenge the notion that citizens are entitled to cheap energy. Policymakers hope higher energy prices can produce a number of helpful effects, the authors said.
Green Car Congress
APRIL 10, 2015
Simply put, the world has too much oil at the moment which has resulted in the reduction of price levels from approximately $100 to $50 a barrel, and OPEC (as well as US shale producers) has a major role to play in this supply glut. After Saudi Arabia, Iraq is the biggest crude oil producer in OPEC. Nigeria’s dilemma.
Green Car Reports
JULY 23, 2015
Global oil prices have remained fairly low for most of this year, which should be good news for people in most of the industrialized world. The continued slump in prices has prodded the seven-state federation to make a somewhat radical change in policy. But that's not the case in the oil-rich United Arab Emirates.
Expert insights. Personalized for you.
150 
Let's personalize your content