The price of crude oil experienced a slight uptick before the weekend, potentially influenced by the unexpected U. S. interest rate cut and escalating tensions in the Middle East.
Sunday, 22 September 2024
Monday, 9 September 2024
Vision 2030 of Saudi Arabia: will falling oil prices derail big plans?
Saudi Arabia, whose economy relies heavily on exporting hydrocarbons, is currently facing double-headed challenge: on one hand, it has to boost revenue from selling crude oil that accounts for 70% of the former, despite the sale of the latter being on decline; on the other hand, it still has to fun…
Subscribe to:
Posts (Atom)
About Me
Popular Posts
-
The OPEC+ meeting that took place on December 5, 2024, did not lead to a master plan in order to address the pressing needs of its members. ... -
A tense standoff between Israel and Hezbollah has concluded with a brokered ceasefire. The deal, facilitated by the US, France, and Lebano... -
Russia's unprecedented attack on Ukraine in the early hours on Thursday left the peace-loving world in a state of shock again, as ther... -
The price of crude oil slightly increased last week, perhaps due to the lingering anxieties over the handling of Syria by fractured oppositi...
Featured Post
Latest Energy News from EIA
