Tuesday , May 28 2024

Tag Archives: sanctions

Oil prices decline contrary to expectations

– Saudi Arabia’s quicker than expected output restoration sparks oil price fall Oil prices declined contrary to expectations due to the quicker than expected restoration of Saudi Arabia’s output, the contained global response to the drone attacks on Saudi Aramco’s facilities, and greater output from other supplier countries like Qatar, …

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Geopolitics of Increasing US Oil Production, Export Capacity

Shale gas has had a major impact on energy prices around the world. Due to Shale gas revolution, US advanced technology and innovation, America’s dependence on foreign energy sources especially the Middle East is decreasing. According to US Energy Information Agency last year US produced on average more than 5 million …

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