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The UAE and Saudi Arabia are pouring tens of billions of dollars in renewable energy development, in order to diversify local power generation and to boost oil exports
Oil prices continued plunging for a fifth consecutive trading session, dipping by more than 4 percent early on Thursday as the market fears a coronavirus pandemic that could destroy more oil demand in the coming months.
Aramco has reportedly started the preparation process for the international leg of its listing, which most expected to be years away. According to unnamed sources that spoke to Bloomberg, the timeline has been shortened.
Despite its relatively small hydrocarbon reserves, Oman appears to be seeking to solidify its image as a relative regional safe-haven in order to achieve this financial goal
Should China decide to defy the latest U.S. tariff threat by ramping up imports of Iranian crude oil in open defiance to the U.S. sanctions on Iran, #oilprices could take a significant hit and plunge by as much as $20-$30 a barrel Full Story: #oilgas
Do you know the 4 types of major crude oil? Of the four major types of crude oil, which one does the U.S. produce the most? Comment below!
Do you know the three major sectors in O&G? This one minute video will explain everything you need to know.