12 September 2017 With the Aramco IPO widely anticipated, it is important to be familiar with the Saudia economic strategy. Likewise, with oil prices set to remain low, understanding the vision for reducing the nation's dependence on this commodity is crucial to future properity, as well as maintaining the currency peg. saudivision2030
Tag: oil
Russia: Living With Cheaper Oil
18 May 2017 From alleged involvement in US and European elections and military campaigns in the Middle East, Russia is rarely far from the headlines. The recent apparent agreement between Saudi Arabia and Russia to extend previously agreed oil production cuts until the end of 2017 not only may improve sentiment in energy markets, but [...]
Russia: Oil Production
http://www.reuters.com/article/us-russia-energy-production-idUSKBN1691XP Discipline in the non-OPEC producers like Russia is needed to stabilise ioil prices. Technological adances in the US shale oil sector seem likely to keep the oil price in the $45 to $65 range.