Green Car Congress

DECEMBER 5, 2018

“Even if [Brent] prices fall further to $40-$50 a barrel, immediate balance of payments strains are unlikely to emerge,” the report said, with its authors adding the Kingdom would be able to finance its trade deficit from its foreign exchange reserves “for at least a decade.”. This suggestion is not universally accepted. Kemp agrees.

Saudi Arabia 255

Saudi Arabia Oil Prices Russia Oil 255

Green Car Congress

OCTOBER 6, 2015

Energy is the foundation of Russia, its economy, its government, and its political system. They pose an existential threat to the industry and therefore to the Russian economy: The revenues Russia can earn from its crude and natural gas exports face intense pressure. The emergence of the U.S., This has transformed the U.S.

Russia 150

Russia Saudi Arabia Iran Iraq 150

Green Car Congress

AUGUST 25, 2015

million barrels per day in 1H 2015, in part because as Russia's economy contracted, reducing domestic crude demand to 3.47 As we have pointed out, RBC Capital’s fragile five , Algeria, Libya, Nigeria, Iraq and Venezuela, the pain is intense. Moreover, Saudi policy, combined with the impact of U.S. MMbbls/day in 1H 2015 from 3.65

Saudi Arabia 150

Saudi Arabia Russia Oil 2015 150