The Guardian (blog) | Oil price slump: winners and losers The Guardian (blog) Saudi Aramco oil installation near Khouris, 160 kms east of Riyadh. Since last June a barrel of Brent crude has more than halved in value, dropping by more than $60 – that's a shot in the arm for global GDP of 1.2 percentage points. Photograph: Marwan ... Column: The resource war and San Juan Basin oil |