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RSS FeedsOil will not end, oil era would
(WorldNews Business)

 
 

20 january 2019 02:48:15

 
Oil will not end, oil era would
(WorldNews Business)
 


Now that a third party, independent audit has confirmed that the Saudi-proven crude reserves are a little above what Riyadh has been claiming, the question that is coming into circulation is why the Saudi clout on the oil markets, and hence its geopolitical weight, has been on a slippery slope over the last few years? Most would agree that Riyadh has definitely lost some of its crude-related political weight over the last few years. Despite Saudi insistence for a firmer US military response against President Bashar Al-Assad regime, the then Obama regime did not go beyond the red line as Riyadh desire. It was because Washington was no more dependent on Saudi crude like it was a decade or two...


 
42 viewsCategory: Business
 
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