Turkey’s regional scheming and meddling everywhere from Cyprus and Syria to Libya is about one overriding thing: Israeli gas.
Saudi Arabia calls for an urgent meeting for OPEC+ group and other countries, with aim of reaching a fair agreement to restore the desired balance of oil markets.
Netherlands today is currently far behind most other EU countries in the production of energy from renewable sources.
il recovered ground after U.S. President Donald Trump and Russian President Vladimir Putin agreed to talks to stabilize energy markets.
As the country lacks sufficient storage space, it is thus forced to reduce the production to the level of 450 thousand barrels a day.
In the Persian Gulf has oil been a nation-building blessing. The discoveries of petroleum in the mid-20th century turned a desperately poor region into one of the most affluent places on the planet
Saudi Arabia won’t be able to keep up its price war for too long. The kingdom has been forced to cut its budget but needs benchmark oil prices over $60 a barrel to balance it.