Engine, Fuel and Yemen

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Yemen

Opinion: The Saudi Oil Price War Is Backfiring

Green Car Congress

AUGUST 12, 2015

Even when we look at the refining sector, we see that the oil kingdom has been following a similar strategy of flooding the markets with refined fuel. Thanks to its generous public spending and a costly war against Yemen, one of the major worries for Saudi Arabia is that it is burning through its foreign reserves at an alarming pace.

Oil Prices

Oil Prices Saudi Arabia Oil Price

Opinion: Saudi Oil Strategy: Brilliant Or Suicide?

Green Car Congress

AUGUST 13, 2015

for example, has ended fuel subsidies, thereby essentially, increasing its budget revenues, while Saudi Arabia recently floated a $4-billion domestic bond offering to help finance its budget. They are fighting a multi-front war with Iran directly (in Yemen) and indirectly (in Syria, Lebanon, and Iraq). a durable decrease in output?

Saudi Arabia

Saudi Arabia Oil Iraq Iran

EV Driven

Opinion: The Saudi Oil Price War Is Backfiring

Opinion: Saudi Oil Strategy: Brilliant Or Suicide?

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