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A former Opec insider tells how global oil pricing got flipped on its head - The National
The National | A former Opec insider tells how global oil pricing got flipped on its head The National From 2004 to 2008 and 2010 to 2014, oil production and prices both rose. The price increases were completely divorced from the market principle of a supply-demand balance. In the middle of 2014, the price momentum ran out of steam and prices began ... World's largest oil firm Aramco plans to invest in India Russian oil output highest in 30 years US oil sheds 4 pct after Saudi comments on output freeze |
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