The USA and Saudi Arabia Work to Lower Oil Prices
U.S. Energy Secretary Chris Wright expressed confidence that energy prices could decrease during Donald Trump's presidency. He noted that “over…
Saudi Arabia
Black Gold: Oil Prices Fall Due to Global Risks
Saudi Arabia has significantly reduced the price of its flagship oil for the first time in two years, a consequence…
OPEC+ Increases Oil Production Despite Decline in Russian Hydrocarbon Revenues
The OPEC+ countries (Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and Oman) have decided to increase oil production by…