Oil prices have remained stubbornly high, despite major producers’ pledges to increase output. A mix of geopolitics and supply concerns are to blame.

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Topics:  oil   prices   
BING NEWS:
  • The Big Problem for Saudi Arabia’s Futuristic City? The Country Doesn’t Have Enough Money
    The price tag for Saudi Arabia’s ambitious plans runs into the trillions of dollars if fully built, far more than the country’s $1 trillion wealth fund h. as at its disposal.
    11/14/2024 - 1:03 am | View Link
  • History of Oil Prices
    The oil market in 2020 was turned on its head by two major forces: the price war between Russia and Saudi Arabia, and the sharp global economic ... over-supplied commodity off their hands. While oil ...
    11/12/2024 - 11:00 am | View Link
  • Middle East Turmoil Remains A Major Factor In Driving Oil Prices
    Whereas a lot of focus lately has been on India’s surging imports of Russian oil, the country actually buys the lion’s share of its oil from the Middle East.
    11/12/2024 - 9:00 am | View Link
  • The World's Largest Oil Producer Slips Into a Net Debt Position
    The world’s largest oil producer may have just been pushed into a net debt position for the first time in two years.
    11/8/2024 - 12:30 am | View Link
  • Aramco profits fall on tumbling oil prices
    Saudi Arabian oil giant Aramco reported third-quarter profits of $27.5 billion on Tuesday, down about 15 percent from last year as low oil prices ate into its revenues. Aramco, formally known as the ...
    11/5/2024 - 11:39 am | View Link
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