Manama and London, Asharq Al-Awsat—Up to 1 trillion US dollars in slated investments and projects in the global oil industry could be canceled or postponed during the next two years due to the current drop in oil prices, a senior executive from Saudi Arabia’s...
Al-Khobar, Asharq Al-Awsat—Oil prices could rebound to 200 US dollars per barrel if investments in the oil sector dry up in light of current low prices, according to OPEC’s secretary general, Abdallah El-Badri. Speaking to Bloomberg in London on Monday, Badri warned...
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