Cheap Global Price Saudi Arabia 
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
The undisputed king of oil and gas is making some moves that could change the face of the global refining sector. 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. By offering almost 2.8
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
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. Nigeria is Africa''s largest oil producer and among the top 5 global exporters of LNG. Iraq’s Issues.
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.
Green Car Congress
OCTOBER 31, 2014
Recent trade deals and high-level cooperation between Russia and China have set off alarm bells in the West as policymakers and oil and gas executives watch the balance of power in global energy markets shift to the East. Other OPEC members agreed to similar deals, ensuring perpetual global demand for greenbacks. Rise of the Yuan.
Cars That Think
FEBRUARY 28, 2022
Russia is the world’s second largest producer of crude oil, behind the United States and ahead of Saudi Arabia, and its second largest exporter, behind Saudi Arabia. Over the years, there have been brief supply interruptions and price swings, but nothing like what’s going on now.
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