With oil prices plummeting amid global lockdowns, the need to transition to knowledge-based industries is fast becoming an economic necessity rather than a welcome add-on
Tag: oil price
Geopolitics of Energy: Oil Prices Rise as Political Crisis in Venezuela Escalates
Oil prices have risen after Venezuelan opposition leader Juan Guaido called for military support to put an end to President Nicolas Maduro’s rule but pared
Saudi Arabia Cuts Its Oil Price for Asia to Fight Off Competition
Saudi Arabia’s oil company Aramco cut the January price for its Arab Light crude for its Asian clients to the lowest level in four months
Iran’s Nuclear Deal Likely to Spur Exports and Drag Oil Price Down
Iran’s nuclear deal with the world powers is expected to spur the country’s oil exports and thus further support the downward trend in global oil
OPEC: Iran and Venezuela to Lobby Together for Higher Prices
Iran’s leader Ayatollah Ali Khamenei confirmed during his meeting with Venezuela’s president on Saturday (10 January) that he supported the cooperation of both countries to